A Balanced Scorecard Consists of a Report Showing a Performance

question 33

True/False

A balanced scorecard consists of a report showing a performance measure such as ROI or residual income for all of the divisions in a company that generate profits.

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Definitions:

Level Of Activity

A measure of the volume of production or work done in a specific period, often used in costing and productivity analysis.

Variable Costs

Costs that change in proportion to the good or service that a business produces, varying depending on production volume.

Per-unit Basis

A method of measurement or calculation that pertains to or is expressed in terms of a single unit of something.

Activity Level

A measure of the volume or quantity of production or operations, often influencing costs and used in budgeting and performance evaluation.