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Which of the Following Statements Regarding the Balanced Scorecard Approach

Question 8

Multiple Choice

Which of the following statements regarding the balanced scorecard approach is true?


A) The balanced scorecard uses only short-term performance measures.
B) The balanced scorecard uses only long-term performance measures.
C) The balanced scorecard is used because there is a causal relationship between all of the measures and their economic impact.
D) The balanced scorecard is designed to encourage the use of a wide range of measures to gauge performance.

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