The most common strategic-based performance management system is
A) variance analysis with standard costs as benchmarks.
B) the balanced scorecard.
C) financial budgets.
D) all of these.

Question

Quizplus · Accepted Answer

The most common strategic-based performance management system is the balanced scorecard, which considers financial and non-financial metrics to align the organization's strategy with its goals and objectives. While variance analysis and financial budgets are also performance management tools, they primarily focus on financial metrics and may not align with the organization's overall strategy.

The Most Common Strategic-Based Performance Management System Is