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Managerial Accounting: The Corners...
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Managerial Accounting: The Corners...
(Appendix 11A) What is the Balanced Scorecard?
Define the term balanced scorecard.
Balanced Scorecard:
Balanced scorecard means the system of strategic management which converts the strategy and mission of an organization into performance measures and operational objectives.
The performance measures play an important role in the balanced scorecard. The performance measures can be derived from the strategy, objectives, and vision of the company...
Chapter 11 Solutions
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