Which of the Following Statements Is a Disadvantage of Balanced

question 59

Multiple Choice

Which of the following statements is a disadvantage of balanced scorecards?

• A) Balanced scorecards ignore short-run objectives.
• B) Balanced scorecards may become unwieldy and difficult to understand.
• C) Balanced scorecards use a lot of nonfinancial measures.
• D) Balanced scorecards are of little use in influencing managerial behavior.

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Definitions:

Anticipate Problems

The ability to foresee potential issues or obstacles in advance and prepare to address them.

Results-Driven

A focus or strategy that emphasizes achieving specific outcomes or goals, often within a particular time frame.

Setting Objectives

The act of defining clear, measurable goals that an organization or individual plans to achieve within a specific timeframe.

Determine

To decisively ascertain or conclude information from evidence or reasoning.