Which of the following is true about balanced scorecards?
A) A balanced scorecard compares value added and non-value added activities in a company
B) A balanced scorecard is used more by smaller companies than those with modern manufacturing facilities
C) A balanced scorecard attempts to show causal relationships among major areas of performance in a company
D) A balanced scorecard is a qualitative rather than quantitative measure of a company's performance

Question

Quizplus · Accepted Answer

A balanced scorecard attempts to show causal relationships among major areas of performance in a company, integrating financial and non-financial measures across different perspectives such as financial, customer, internal business processes, and learning and growth.

Which of the Following Is True About Balanced Scorecards