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    Managerial Accounting Study Set 5
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    Exam 1: Accounting As a Tool for Management
  5. Question
    A Relatively New Tool That Managerial Accountants Have Developed to Assist
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A Relatively New Tool That Managerial Accountants Have Developed to Assist

Question 1

Question 1

Essay

A relatively new tool that managerial accountants have developed to assist is the balanced scorecard.

Explain the purpose of the balanced scorecard. List the various perspectives comprising the balanced scorecard, and explain what each perspective measures.

Correct Answer:

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