A Balanced Scorecard Is a Control System Combining Four Sets

question 90

True/False

A balanced scorecard is a control system combining four sets of performance measures: financial,customer,business process,and learning and growth.

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Definitions:

Demand for Dollars

Refers to the global desire or need for U.S. currency, driven by its use in international trade, investment, and as a reserve currency.

Balance of Payments Surplus

A situation where the total of the payments received from abroad exceeds the total of the payments made to abroad.

FX Reserves

Short for foreign exchange reserves; assets held on reserve by a central bank in foreign currencies, used to back liabilities on their own issued currency as well as to influence monetary policy.