FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Which of the following statements is true?
1. Financial measures such as ROI are generally better than nonfinancial measures of key success drivers such as customer satisfaction as lead
indicators of future financial performance.
II. The performance measures on a balanced scorecard tend to fall into four groups: financial measures, customer measures, internal business
process measures, and learning and growth measures.
III. Financial measures such as ROI and residual income as well as operating measures may be included in a balanced scorecard.
Multiple Choice
Both statements II and Ill are true.
None of the statements are true.
Both statements I and Ill are true.
All of the statements are true.
planning
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Transcribed Image Text:Which of the following statements is true? 1. Financial measures such as ROI are generally better than nonfinancial measures of key success drivers such as customer satisfaction as lead indicators of future financial performance. II. The performance measures on a balanced scorecard tend to fall into four groups: financial measures, customer measures, internal business process measures, and learning and growth measures. III. Financial measures such as ROI and residual income as well as operating measures may be included in a balanced scorecard. Multiple Choice Both statements II and Ill are true. None of the statements are true. Both statements I and Ill are true. All of the statements are true. planning
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