16) The Balanced Scorecard is said to be \"balanced\" because it measures: A) sh
ID: 2398218 • Letter: 1
Question
16) The Balanced Scorecard is said to be "balanced" because it measures: A) short-term and long-term objectives C) financial and nonfinancial objectives. B) internal and external objectives. D) All of the above are correct 17) Which of the following statements is true? A) Vision is about selecting the set of activities to create a sustainable difference in the marketplace. B) Mission is a concise, externally-focused statement that expresses how the organization war to be perceived by the external world C) Vision and mission statements set the general direction for the organization. D) Strategy is a concise, internally-focused statement of how the organization expects to com and deliver value to customers )Job order costing: A) is commonly used when each unit of output is identical. B) records the flow of costs for each customer can only be used in manufacturing. qual amount of cost to each unit made during a time period.Explanation / Answer
Answer : 16) option - D
A balance scorecard is said to be balanced because it measures short term and long term objectives
Financial and non financial objectives
Internal and external objectives
17) option is - C
VISION :- A strategic vision is a road map of a company’s future providing specifics about technology and customer focus, the geographic and product markets to be pursued, the capabilities it plans to develop, and the kind of company that
management is trying to create.
MISSION :- A company’s mission statement is typically focused on its present business scope – “who we are and what we do”; mission statements broadly describe an
organization’s present capabilities, customer focus, activities, and business makeup.
"MISSION AND VISION STATEMENTS ARE OFTEN COMBINED TO PROVIDE A STATEMENT OF COMPANY GOALS VALUES.PURPOSES"
18) option is - D
Unit costs are calliculated by dividing process department costs by the out put for the period
Job costing used for the both manufacturing and service
sector
Thank you hope this helpfull
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