Which statement concerning the balanced scorecard is not true?

Question

Quizplus · Accepted Answer

The statement that the GRI approach is likely to shrink the role of the management accountant and expand the role of the financial accountant is not true. The GRI framework is designed to promote transparency and accountability in organizations' sustainability reporting, and it involves input from various stakeholders, including management accountants. The balanced scorecard, on the other hand, is a strategic management tool that helps organizations translate their strategy into action by identifying and tracking key performance indicators in four categories: financial, customer, internal processes, and learning and growth. The other statements about the balanced scorecard are true.

Which Statement Concerning the Balanced Scorecard Is Not True