When Creating a Balanced Scorecard,the Following Guidelines Should Be Followed

question 20

Multiple Choice

When creating a balanced scorecard,the following guidelines should be followed in choosing performance measures except:

• A)There should not be too many performance measures.
• B)There should be more financial measures than any of the other categories.
• C)The measures should be consistent with company strategy.
• D)Employees should be able to understand and have control over the performance measures on which they are evaluated.

---

Definitions:

Budgeted Revenue

The projected income that a business or organization expects to generate within a specific period, often used for planning and performance evaluation.

Standard Costs

Predetermined costs assigned to goods and services, used as a benchmark for evaluating actual production costs.

Budgeted Performance

The planned or forecasted financial performance of a business or project, often including revenue, expenses, and profit targets.

Sales Volume

The amount of goods or services a company sells during a particular timeframe.