Which of the following statements regarding the balanced scorecard is not correct?a. It seeks to address the problems associated with traditional financial measures used to assess performance.b. The notion of value chain analysis plays a major role in the drawing up of a balanced scorecard.c. It relies on the perception of the users with regard to service provided.d. It is directly derived from scientific management theories.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter14: The Balanced Scorecard And Corporate Social Responsibility
Section: Chapter Questions
Problem 1CMA: Which of the following statements regarding the balanced scorecard is not correct? a. It seeks to...
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Which of the following statements regarding the balanced scorecard is not correct?
a. It seeks to address the problems associated with traditional financial measures used to assess performance.
b. The notion of value chain analysis plays a major role in the drawing up of a balanced scorecard.
c. It relies on the perception of the users with regard to service provided.
d. It is directly derived from scientific management theories.

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