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Using the Results of the BSC Methodology,management Teams Have an Agreed-Upon

question 13

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Using the results of the BSC methodology,management teams have an agreed-upon set of objectives and measures that are used to identify and set targets and the actions to achieve them that are appropriate for the company's business model.


Definitions:

Assigned Fund Balance

Part of a governmental entity's fund balance that is earmarked for a specific use but can be changed by the entity's management.

Private Purpose Trust Fund

A type of trust fund in the public sector meant to benefit specific individuals, private organizations, or other governments.

Permanent Fund

A fund established to generate income for an organization without spending the principal amount, often used by nonprofit entities and governments.

Disabled Children

Individuals under the age of 18 who have physical or mental impairments that substantially limit one or more major life activities.

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