alleryStart learning →What kind of tool is a balanced scorecard in management accounting?
AA cost allocation method
BA strategy performance tool
CA tax planning model
DA depreciation schedule
Answer & Solution
Correct answer: B. A strategy performance tool
It is a report that tracks how staff execute strategic activities and monitors the consequences of those actions.
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Related questions
Which Mintzberg type locates products within the market from the consumer's view?Into how many schools of thought did Mintzberg develop his strategy types in 1998?Performance management aligns company goals with those of whom?Performance management should encourage teamwork rather than what?Which perception weakens a performance management system?Which is one of Richard et al.'s three organisational outcomes?Business performance management is also known as what?Business performance management checks whether activities align with what?