Financial and non-financial indicators are used to assess organisational performance and effectiveness under which of the following approaches?
A) Balanced scorecard
B) Variance analysis
C) Balanced budget
D) Proforma financial statement

Question

Quizplus · Accepted Answer

The Balanced Scorecard approach uses both financial and non-financial indicators to assess organizational performance and effectiveness. It looks at the organization from four perspectives: financial, customer, internal business processes, and learning and growth, allowing for a more comprehensive evaluation.

Financial and Non-Financial Indicators Are Used to Assess Organisational Performance