Which of the following statements about the balanced scorecard approach is false? O It requires managers to focus on financial measures more than nonfinancial measures. It looks at performance from the following perspectives: financial, customer, internal business, and learning and growth. O It helps balance short-term operating performance with long-term strategies. It recognizes that traditional measures of performance are often not adequate to fully assess a company's performance.
Which of the following statements about the balanced scorecard approach is false? O It requires managers to focus on financial measures more than nonfinancial measures. It looks at performance from the following perspectives: financial, customer, internal business, and learning and growth. O It helps balance short-term operating performance with long-term strategies. It recognizes that traditional measures of performance are often not adequate to fully assess a company's performance.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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