The business strategy model called the "Balanced Scorecard"
A)ensures that all of the financial statements are accurate and balanced.
B)views the company from the financial, customer, internal processes perspectives, and learning and growth perspectives.
C)begins each reporting period with zero balances in all areas of measurement.
D)views the financial statements as the major component of useful information for decision making within the company.

Question

Quizplus · Accepted Answer

The Balanced Scorecard is a business strategy model that looks at a company from four perspectives: financial, customer, internal processes, and learning and growth. It does not ensure accuracy in financial statements or begin each reporting period with zero balances. While financial statements are important, the Balanced Scorecard recognizes that they are just one component of useful information for decision making.

The Business Strategy Model Called the "Balanced Scorecard