The Balanced Scorecard approach to performance measurement seeks to improve managerial decision-making by aligning an organization's performance measures with its strategic plan and goals.

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The statement is true. The Balanced Scorecard provides a comprehensive way to measure an organization's performance that includes financial and non-financial measures in a balanced way, helping managers make more informed and strategic decisions. Its approach emphasizes the alignment of performance measures with an organization's strategic plan and goals, to ensure that all efforts are focused on achieving its vision and mission.

The Balanced Scorecard Approach to Performance Measurement Seeks to Improve