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Management · Q88

Management Accounting

Graduate and Post Graduate · Management · question 88

Q88

An example of financial perspective in balanced scorecard is

A.
employee turnover rates
B.
operating capabilities and number of patents
C.
operating income and revenue growth
Answer
D.
customer satisfaction and market share

Answer: Option C

Solution

Answer: Option C
Solution:
An example of financial perspective in balanced scorecard is operating income and revenue growth. For organisations that do not have shareholders, the financial perspective indicates how well the strategy and operations contribute to improving the organisation's financial health.