In the Balanced Scorecard System,what Are Core Objectives and Measures

question 8

Multiple Choice

In the Balanced Scorecard system,what are core objectives and measures?

• A)common across all organizations.
• B)common across all scorecard perspectives.
• C)common across departments.
• D)common across all products

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Definitions:

Net 60

A payment term indicating that payment is due 60 days after the invoice date.

Lock Box System

A banking service provided to companies for speeding up collection of payments by having those payments sent directly to a bank's PO box, rather than to the company.

Clearing Time

The period between the initiation of a transaction and its settlement, during which the transaction is processed and validated.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency of the business.