A Local Area Consulting Firm Is Trying to Increase the Long-Term

question 74

Multiple Choice

A local area consulting firm is trying to increase the long-term strategic focus of its company reports.Therefore, the firm has decided to use the balanced scorecard.What type of new information, that the company currently doesn't use in its financial reports, should the company include?

• A)Non-financial information, including customer satisfaction, innovation, etc.
• B)Additional financial information, such as profitability measures and market value.
• C)Product life cycle information.
• D)Supplemental accounting reports
• E)Continuous improvement

---

Definitions:

Canterbury Earthquake

A significant seismic event that occurred in the Canterbury region of New Zealand, most notably in February 2011, causing widespread damage and loss of life.

Magnitude

A measure of the amount of energy released by an earthquake; used to compare sizes of earthquakes.

Landslide

The movement of rock, earth, or debris down a slope due to gravity, often triggered by factors like rainfall, earthquakes, or human activity.

Subduction Zone

A region of the Earth's crust where one tectonic plate is being forced under another, often resulting in volcanic activity and earthquakes.