Which of the Following Is Not Correct About the Balanced

question 108

Multiple Choice

Which of the following is not correct about the balanced scorecard?

• A) profits and value created for shareholders are perspectives revealed on a balance scorecard
• B) nonfinancial and operational indicators are reported on a balance scorecard
• C) the balanced scorecard reveals information about the success of the company in its target market
• D) the balance scorecard increases managements emphasis on short-term results

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Definitions:

Stakeholders

Individuals or groups that have an interest or stake in the outcome of a company's actions, including employees, customers, investors, and suppliers.

Government

The organization, or group of people and institutions, that has the authority to govern or lead a community, state, region, or country.

Competitors

Other businesses or individuals that offer similar products or services within the same market, vie for the same customer base, and compete for market share.

Shareholders

Individuals or entities that own a share or shares of stock in a corporation, giving them partial ownership of the company.