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:

Secretly Collects

The act of gathering data or information without the knowledge or consent of the individual or entity it's being collected from.

Spyware

Malicious software that collects information from a computer or device without the user's knowledge.

Sync Setting

The process or options allowing configurations and data to be consistent across multiple devices or software platforms.

Wireless Communications

The transfer of information between two or more points that are not physically connected, using electromagnetic waves.