Describe three features of a good balanced scorecard.

Q: What are three important pitfalls to avoid when implementing a balanced scorecard?

A: Balanced Scorecard:Balanced scorecard is a management and planning strategy for organizational…

Q: Discuss the impact of different measurement choices on relevance, faithful representation,…

A: The usefulness of data produced by a measuring method is determined by how it impacts the financial…

Q: what are the three probability ratios equations?

A: Ratio Analysis - The ratio is the technique used by the prospective investor or an individual or…

Q: Write the six of the key input variables. of sensitivity analysis?

A: Sensitivity is a change in volume, sales, cost, so on. The 6 of the input variables of sensitivity…

Q: Describe any five types of ratio analysis?

A: Ratio:   A ratio is a number expressed in terms of another to establish relationship among them.

Q: Describe the benefits of benchmarking.

A: Benchmarking is a way to measure something in corporate environment, it is also used to promote…

Q: “High correlation between two variables means that one is the cause and the other is the effect.” Do…

A: Correlation:Correlation is a way to ascertain the basic equation or bond between two given…

Q: What is the five firm concentration ratio?

A: Concentration ratio- It is defined as  the collective market share of the largest firm  in an…

Q: What are the advantages and limitations of ratio analysis? Identify three advantage and three…

A: Ratio Analysis is the use of accounting ratios to forecast or review the financial performance of a…

Q: Explain the benefits of a balanced scorecard.

A: Balance scorecard: It can be defined as a system that is used for strategic planning and management…

Q: Understand how toconstruct and use a balancedscorecard

A: Balance Score Card: Balance Score Card is used for assessing the efficiency of the business…

Q: In an MUS application, how is the population size defined?

A: MUS Application: In the panning stage of MUS, the audit team primarily identifies the objectives,…

Q: What is broad averaging? Give three examples?

A:

Q: what factors aided rockwater in it's smooth switch to the balanced scorecard

A: In finance balanced scorecard is often used as a performance measurement system. It includes…

Q: What are four methods for estimating a target’s value?

A: The four methods for estimating the target’s value are discussed as follows: DCF method – This is…

Q: What types of variables are commonly used in a CRA Z-score model? Define the ratios and explain how…

A: CRA-Z model helps in finding the organisation's default and it eases to measure the control of the…

Q: Name three benefits and two costs of decentralization.

A: Decentralization: The decentralization means that the lower levels of an organization are given…

Q: What factors aided Rockwater in its smooth switch to the balanced Score car

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: solvency ratio

A: The solvency ratio is the ratio that tells about the company's ability to pay its liabilities or…

Q: What are the four perspectives of the balanced scorecard? Briefly describe each.

A: Four perspectives of the balanced scorecard are: 1) Financial perspective: It is a financial…

Q: balanced scorecard,

A: The non-financial perspectives of a balanced scorecard are produced as under: Perspective…

Q: What kinds of controls are the most difficult to show in a balanced scorecard?

A: The balanced scorecard is a too for measuring the performance.

Q: If you wanted to evaluate a firm’s DSO, with what could you compare it?

A: DSO is the number of days that firms take to convert their account receivables into cash.

Q: Define Correlation as a concept

A: Introduction: Usually for any two variables, the change in one variable allows us to forecast change…

Q: Do you think that the Balanced Scorecard approach can be employed to evaluate the performance of…

A: Yes, the Balanced Scorecard approach can be employed to evaluate the performance of Bell Division.…

Q: The following chart types are preferred for depicting quantitative data except Multiple Choice…

A: There are two types of data that is being analysed for decision making. It consists of qualitative…

Q: Briefly discuss the balance score card mean of creating an action plan

A: Balance Score Card can be said to be framework for development and management of strategies of a…

Q: Comment on the four (4) perspectives of the balanced score card

A: Company needed to ascertain the position each year on qualitative basis as well as quantitative…

Q: In your opinion what are the three most important areas to use when benchmarking?

A: Benchmarking is the technique to compare the business's product, practices, and services of the…

Q: Describe the two basic differences between the weighted average and the FIFO method.

A: Inventory: Inventory refers to the stock of goods purchased, utilized and maintained by the company…

Q: Define Profi tability ratios

A: A ratio is a tool used by management to analyze the effectiveness of various financial statements.…

Q: Compare and contrast trend analysis and comparative ratioanalysis

A: The key distinction between analysis and comparative analysis is that analysis may be a procedure in…

Q: The correlation of two variables will be Group of answer choices a. Between -1 and +1, inclusive b.…

A: The correlation coefficient is a statistical measure.

Q: How will management know if one of the hypotheses underlying the balanced scorecard is false?

A: The best way to sort out if the speculation is valid or bogus is by trying it. All the speculation…

Q: Which type of chart would be best for representing the correlation between two ilems!

A: Answer

Q: What are four key perspectives in the balanced scorecard?

A:

Q: Why do you think appraisers usually use three different approaches when estimating value?

A: The three different ways to compute the value of real estate are the cost approach, the income…