The Balanced Scorecard

question 94

Multiple Choice

The balanced scorecard

• A) is an activity-based responsibility accounting model that measures operating activities.
• B) is a financial-based responsibility accounting model that focuses on the financial performance of units, rewarding performance with static financial-oriented standards.
• C) is a strategic-based financial reporting system that balances assets with liabilities and owner's equity.
• D) is a strategic-based performance management system that identifies objectives and measures from a financial perspective, customer perspective, process perspective, and learning and growth perspective.

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Definitions:

Extraversion

A personality trait characterized by outgoingness, high energy, and enjoyment in social situations.

Dominant Attitude

The prevailing or most influential set of beliefs, feelings, or way of thinking in a particular individual or group.

Characteristics

Features or qualities that define or distinguish an individual, object, or phenomenon.

Life

The condition that distinguishes organisms from inorganic objects and dead organisms, being manifested by growth through metabolism, reproduction, and the power of adaptation to the environment through changes originating internally.