Which of the Following Statements Best Relates to the Balanced

question 92

Multiple Choice

Which of the following statements best relates to the balanced scorecard's learning and growth perspective?

• A) How will we empower our employees?
• B) How do we lower costs?
• C) What processes will increase value to customers?
• D) How can we obtain greater profits?

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Definitions:

Return On Investment

A measure of the profitability of an investment, calculating the ratio of net profit to the initial cost of investment.

Dividing

In financial contexts, this can refer to allocating or apportioning financial resources or profits among groups, such as dividends to shareholders.

Responsibility Accounting

A financial tracking system that gathers, compiles, and presents financial data relevant to the duties of specific managers.

Controllable Costs

Expenses that can be directly influenced or managed by a specific department or level of management.