The Balanced Scorecard Can Only Have Four Categories of Performance

question 27

True/False

The balanced scorecard can only have four categories of performance measures.

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Definitions:

Outlay

The amount of money spent on a particular expense or investment.

Payback Period

The time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.

Cash Inflows

Money or other forms of financial assets that come into a company, contributing to its total revenue.

Outlay

The total amount of money spent on a particular project or purchase.