Adoptions Inc

question 27

Multiple Choice

Adoptions Inc.Org. (AIO) is a not-for-profit organization that facilitates adoptions of both domestic and international children. Since it opened, it has facilitated many adoptions of both Canadian born and International born children. Which of the following statements is true?

• A)Because AIO is a not-for-profit organization, it cannot use the balanced scorecard effectively
• B)AIO's balanced scorecard may include more than four perspectives
• C)AIO's balanced scorecard should include only financial, customer, internal business, and learning and growth perspectives
• D)Financial measures are irrelevant in AIO's balanced scorecard because it is a not-for-profit organization

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Definitions:

Common Shares

Equity securities that represent ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.

Preferred Shares

A class of stock that provides shareholders with a priority claim on assets and earnings before common stockholders, usually including fixed dividend payments.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares.

Par Value

The nominal or face value of a bond or stock as stated by the issuing company, not necessarily reflecting its market value.