A balanced scorecard
A)records the variances between budgeted and actual revenues and expenses.
B)can be used at multiple organizational levels by redefining the categories and measurements.
C)is most concerned with organizational financial solvency and business processes.
D)all of the above.

Question

Quizplus · Accepted Answer

A balanced scorecard can be customized to measure and track various aspects of an organization's performance beyond just financial results. It can be adapted to different levels and departments within the organization, making it a versatile tool for performance management. Option A is incorrect because it only focuses on financial results, while option C is incomplete as it only mentions two out of the four perspectives typically included in a balanced scorecard (financial and process).

A Balanced Scorecard