Experts from GreenBiz

question 18

Multiple Choice

Experts from GreenBiz.com say the Balanced Scorecard opportunities are used in CSR because of all of the following EXCEPT:

• A)The Balanced Scorecard is a recognized and established management tool
• B)The Balanced Scorecard is well positioned to support a knowledge-building effort to help organizations make their CSR values and visions a reality
• C)The Balanced Scorecard enables individuals to make daily decisions based upon values and metrics
• D)The Balanced Scorecard is a focused set of key financial indicators.

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Definitions:

Line-By-Line Method

The line-by-line method is a technique used in consolidating the financial statements of a parent company and its subsidiaries, where each item of the subsidiary is added line by line to those of the parent.

Technical Services

Services that require specialized skills or knowledge, often in the fields of engineering, IT, or other technical disciplines.

Fair Value

An accounting term that refers to the estimated price at which an asset or liability could be exchanged in an arm's length transaction between knowledgeable, willing parties.

Profit On Services

Income generated from the provision of services, calculated by subtracting the cost of delivering those services from the revenue earned.