A Management Tool That Integrates Performance Measures Across Four Different

question 35

Multiple Choice

A management tool that integrates performance measures across four different perspectives to guide operations toward achieving an organization's strategy is called

• A)performance dashboard.
• B)balanced scorecard.
• C)key performance measures.
• D)None of these answer choices are correct.

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Definitions:

Estimated Monthly Amount

A projection of the monetary value expected for transactions or activities on a monthly basis.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial position.

Prepaid Expense

An expense that has been paid in advance and is recorded as an asset until it is actually incurred.

Unearned Revenue

Unearned revenue refers to payment received for goods or services that have not yet been delivered or rendered. It is recorded as a liability on the balance sheet until the transaction is completed.