In Management Compensation, the Use of the Balanced Scorecard Achieves

question 84

Multiple Choice

In management compensation, the use of the balanced scorecard achieves:

• A)Fairness.
• B)Alignment of manager's incentives and the organization's strategy.
• C)The desired ethical environment.
• D)Revenue generation and cost control.
• E)A specific non-financial measurement.

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Definitions:

Operating Activities

The day-to-day functions of a business related to producing and delivering its goods and services, as reflected in its cash flow.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific time, detailing assets, liabilities, and equity.

Income Statement

A financial report that shows a company's revenues and expenses over a specific period, ultimately revealing the net profit or loss.

Property, Plant

Refers to the long-term assets owned by a company that are used in its operations, including land, buildings, and machinery.