Which of the Following Could Be a Measure of the Balanced

question 150

Multiple Choice

Which of the following could be a measure of the balanced scorecard's financial perspective?

• A) Service response time
• B) Number of new patents
• C) Operating income
• D) Defect rates

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Definitions:

Receiving Report

A document used in businesses to record the receipt of goods from a supplier, detailing quantities and condition of the items.

Merchandise Inventory

Products a business maintains with the intent to sell to consumers as part of its regular operations.

Freight-In

Costs associated with bringing inventory to a business location, typically included in the inventory cost on the balance sheet.

F.O.B. Shipping Point

A shipping term indicating that a buyer is responsible for the goods, including the risk of loss and transportation cost, from the time they leave the seller's premises.