Which of the following statements is true?
I. Traditionally, internal operations were monitored to improve financial performance
II. In the balanced scorecard approach, monitoring for improvement is not valued
III. Managers believe that monitoring performance measures related to an organizations' learning and growth should lead to improvements in financial performance
A)I and II only
B)II and III only
C)I and III only
D)I, II, and III

Question

Quizplus · Accepted Answer

Statement I is true as traditionally, monitoring internal operations was done in order to improve financial performance. Statement II is false as the balanced scorecard approach focuses on monitoring multiple dimensions of organizational performance to achieve overall success. Statement III is true as managers believe that monitoring performance measures related to an organization's learning and growth can lead to improvements in financial performance. Therefore, the correct answer is C.

Which of the Following Statements Is True