The Balanced Scorecard Perspective That Addresses Things That an Organization

question 38

Multiple Choice

The balanced scorecard perspective that addresses things that an organization needs to do well to meet customer needs and expectations:

• A)learning and growth perspective
• B)internal business perspective
• C)customer value perspective
• D)financial perspective

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Definitions:

Estimated Inventory

Estimated inventory represents a company's approximation or forecast of the inventory it has, which can be used for planning, budgeting, or as part of the inventory valuation process.

Production Budget

A financial plan that estimates the number of units to be produced to meet the sales goals and inventory needs.

Cassette Recorders

Electronic devices used for recording audio onto a magnetic tape housed in a cassette.

Cash Budget

A plan that estimates future cash inflows and outflows over a specific period of time.