What Is a Balanced Scorecard

question 108

Multiple Choice

What is a balanced scorecard?

• A) It shows profits or losses at a point in time, which is displayed in a Sales - Expenses = Net Income format.
• B) It shows assets and liabilities at a point in time.
• C) It tallies organizational performance in financial, customer service, internal process, and innovation and learning areas.
• D) It occurs when revenues are equal to costs.
• E) It reduces costs and improves workflow by scheduling materials to arrive at a workstation or facility just in time for use.

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Definitions:

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