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Author Question: Which of the following statements is a possible pitfall while implementing a balanced scorecard? (Read 57 times)

tth

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on: Mar 6, 2021

Question 1

Which of the following statements is a disadvantage of balanced scorecards?
◦ Balanced scorecards ignore short-run objectives.
◦ Balanced scorecards may become unwieldy and difficult to understand.
◦ Balanced scorecards use a lot of nonfinancial measures.
◦ Balanced scorecards are of little use in influencing managerial behavior.

Question 2

Which of the following statements is a possible pitfall while implementing a balanced scorecard?
◦ Managers using cost-benefit considerations while designing a balanced scorecard.
◦ Managers ignoring objective measures as market share, manufacturing yield.
◦ Managers using subjective measures in the balanced scorecard.
◦ Top management ignoring nonfinancial measures when evaluating employee performance.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by tth on Mar 6, 2021

wfdfwc23

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Reply #1 on: Mar 6, 2021
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tth

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Reply 2 on: Mar 6, 2021
Wow, this really help

meow1234

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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