One Part of the Balanced Scorecard Helps Management Answer the Question

question 84

Multiple Choice

One part of the balanced scorecard helps management answer the question "How do we look to shareholders?" Which of the four perspectives is being described here?

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

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Definitions:

Balance Sheet

A financial report detailing a company's assets, liabilities, and equity held by shareholders at a particular moment.

Functional Currency

The main form of money used in the main economic setting where a business functions, as reported in its financial documents.

Total Liabilities and Equity

The sum of all current and long-term liabilities along with owners' equity, representing the sources of a company's assets.

Exchange Rates

The price of one country's currency in terms of another's, influencing international trade and investment.