Which of the Following Is Not True Regarding Balanced Scorecard

question 34

Multiple Choice

Which of the following is not true regarding balanced scorecard measures?

• A) Both financial and nonfinancial measures help managers manage performance along the time dimension
• B) Nonfinancial measures help managers evaluate goal achievement regarding manufacturing cycle time
• C) the balanced scorecard does not help highlight linkages across the financial and nonfinancial perspectives of the balance scorecard
• D) revenue and cost measures help managers evaluate the financial effects of increases and decreases in nonfinancial measures

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Definitions:

Biases

Cognitive shortcuts or predispositions that can influence decision-making processes and perceptions, often leading to irrational or unfair outcomes.

Smart People

Individuals who exhibit high levels of intelligence, creativity, and capacity for complex problem-solving.

Framing

The act of constructing or presenting a concept, issue, or situation in a specific way to influence perception.

Cognitive Biases

Systematic patterns of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.