Balanced Scorecard (BSC)uses Various Metrics to Measure Performance,which Consist of _______

question 59

Multiple Choice

Balanced Scorecard (BSC) uses various metrics to measure performance,which consist of _______ financial metric(s) and ________ nonfinancial metric(s) .

• A)3;1
• B)2;2
• C)1;3
• D)2;3

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Definitions:

Functional Currency

The currency of the primary economic environment in which an entity operates, often used in financial reporting.

Translation Rate

A rate at which one currency is converted into another, used in the preparation of financial statements for companies operating in foreign currencies.

Foreign Operation

A subsidiary, associate, joint arrangement, or branch of a reporting entity, located in a country different from the entity itself.

Propaganda

Data, particularly when it's prejudiced or deceptive, utilized to support a political agenda or perspective.