The Steps Involved in Building a Balanced Scorecard Are

question 71

Multiple Choice

The steps involved in building a balanced scorecard are

• A)Selecting measures,setting targets for measures and adjusting the scorecard as strategies change.
• B)Selecting measures,setting targets for measures and changing objectives that do not meet scorecard measures.
• C)Setting targets for measures,adjusting objectives to meet the scorecard,and eliminating processes that do not meet objectives.
• D)None of these ans choices are correct.

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Definitions:

Bond Redemption

The process of repaying the principal amount of a bond at or before its maturity date.

Carrying Amount

The value of an asset or liability according to a company's financial statements, minus any depreciation or amortization.

Face Value

The face or monetary value displayed on a financial document like a bond or stock certificate, indicating its official worth.

Premium

An amount paid in addition to the standard cost or value, often for insurance, bonds, or the higher quality of a product or service.