Which of the following statements is true regarding more traditional measures of financial performance?
A) They often look at a company's performance from four different but related perspectives: financial, customer, internal business, and learning and growth.
B) They are often superior to measuring a company's performance than the balanced scorecard approach.
C) Performance problems are often not captured in as timely a fashion as with the balanced scorecard approach.
D) They tend to focus on nonfinancial rather than financial measures of performance.

Question

Quizplus · Accepted Answer

Traditional measures of financial performance, such as income statements and balance sheets, can lag in capturing performance problems compared to more holistic approaches like the balanced scorecard, which includes timely and forward-looking indicators.

Which of the Following Statements Is True Regarding More Traditional