All of the following are reasons that financial control may be an ineffective scorecard EXCEPT that:
A) it fails to identify the causes or drivers of performance.
B) it focuses on financial measures while ignoring other important attributes of performance.
C) it focuses on long-term rather than short-term performance measures.
D) it is an aggregate,rather than a detailed measure of performance.
Correct Answer:
Verified
Q14: All of the following are true of
Q15: Nonfinancial measures can highlight falling sales and
Q16: Financial control involves the use of financial
Q17: Performance measures for financial control include all
Q18: For an organization to be successful,activities within
Q20: The amount of decentralization in an organization
Q21: A local unit is evaluated as a
Q22: Contribution margin is the best measure of
Q23: Organizations use nonfinancial control to provide a
Q24: For the segment manager to be properly
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents