The Balanced Scorecard's objectives are in balance when:
A)debits equal credits.
B)financial performance measurements are less than the majority of the performance measurements.
C)the measurements are fair.
D)the measurements reflect an improvement over the previous year.

Question

Quizplus · Accepted Answer

The Balanced Scorecard is designed to balance financial performance measurements with non-financial performance measurements such as customer satisfaction, internal processes, and learning and growth. Therefore, if financial performance measurements are less than the majority of the performance measurements, it indicates balance and achievement of the objectives of the Balanced Scorecard. Choices A, C, and D are not directly related to the balancing of the objectives of the Balanced Scorecard.

The Balanced Scorecard's Objectives Are in Balance When