Nikki and Bart have been tasked by top management with discussing some of the ﬁnancial measures to include in their company's balanced scorecard.Both are aware that measures that can be quantiﬁed will allow for performance measures that are more effectively captured, leading toward actionable corrective accomplishments.Nikki suggests that they include decreased ﬁnancing charges as a result of lowering of the federal interest rate by 1% (a rate at which their company borrows money).Is this a good ﬁnancial goal to include in the balanced scorecard? Explain.

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The Answer of Nikki and Bart have been tasked by top management with discussing some of the ﬁnancial measures to include in their company's balanced scorecard.Both are aware that measures that can be quantiﬁed will allow for performance measures that are more effectively captured, leading toward actionable corrective accomplishments.Nikki suggests that they include decreased ﬁnancing charges as a result of lowering of the federal interest rate by 1% (a rate at which their company borrows money).Is this a good ﬁnancial goal to include in the balanced scorecard? Explain.

Nikki and Bart Have Been Tasked by Top Management with Discussing