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galina1969 [7]
3 years ago
13

The balanced scorecard approach uses only financial measures to evaluate performance. uses rather vague, open statements when se

tting objectives in order to allow managers and employees flexibility. normally sets the financial objectives first, and then sets the objectives in the other perspectives to accomplish the financial objectives. evaluates performance using about 10 different perspectives in order to effectively incorporate all areas of the organization.
Business
1 answer:
fomenos3 years ago
8 0

Answer: Normally sets the financial objectives first, and then sets the objectives in the other perspectives to accomplish the financial objectives.

Explanation:

The Balanced Scorecard Approach is a method of measuring the internal business environment's effectiveness.

It is used to improve the parts of the internal business Environment that are in need of improvement which then has the domino effect of improving facets of the external business environment as well.

It has 4 areas that it focuses on in the business, which are Learning and Growth, Business Processes, Customers, and Finance.

The financial objectives are usually set first and then the other areas have objectives set up in such a way that the Financial objectives are accomplished.

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Abardeen Corporation borrowed $90,000 from the bank on October 1, 2018. The note had an 8 percent annual rate of interest and ma
TiliK225 [7]

Answer:

Interest paid in cash in 2018 = $0

Interest recognized on the Income statement = $1,800

Liabilities recognized = $90,000

Amount paid for Principal and interest = $93,600

Interest reported on 2019 Income statement = 1800

Explanation:

Interest paid in cash in 2018 is zero because interest and principal were paid in cash on the maturity date.

Interest recognized in 2018 = 90000*0.08*3/12 = $1800

liabilities are recognized at original amount because the interest is not capitalized and no payment made thus far.

Amount paid on maturity date is 93,600 ( 90000 principal, 3600 interest)

interest reported is for three months jan - march

7 0
3 years ago
Horizon inc., a local electronics manufacturing company, produces a significant amount of electronic waste every day. the compan
hram777 [196]

This scenario illustrates that Horizon has failed to fulfill its <u>"Legal responsibility".</u>


There are legal responsibilities for most private companies. They will differ contingent upon the idea of the business.  

To stay away from issues later on it is imperative to comprehend your commitments. It is critical to know your commitments and legal responsibilities for working a business. This can be perplexing in light of the fact that directions can apply to a wide range of regions of your business.You are in charge of guaranteeing you have the right business enlistments and that they are kept up and recharged.  

6 0
2 years ago
A standard hour incentive plan is likely to be successful if :_________
Y_Kistochka [10]

Answer: employees want the extra money more than they want to work at a pace that feels comfortable

Explanation:

A standard hour plan is based on the units that employees produce and once that unit is met, a set hourly wage is paid to the employees and an incentive can be given once the standard number of hours is exceeded.

It should be noted that a standard hour incentive plan is likely to be successful if employees want the extra money more than they want to work at a pace that feels comfortable. This will motivate them to work for extra hours since they want the extra money.

3 0
2 years ago
The amount of assets per dollar of equity capital is called the Question 9 options: A) equity ratio. B) equity multiplier. C) as
S_A_V [24]

Answer:

The correct answer is letter "B": equity multiplier.

Explanation:

The Equity Multiplier is a simple proportion used to calculate the financial leverage of the company. <em>The Equity Multiplier ratio is calculated by dividing the total assets by total equity</em>. When the company purchases major assets it can fund such acquisitions through debt or stock issuance. A high Equity Multiplier indicates that the company used more debt than equity to finance its purchases of assets.

6 0
3 years ago
Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Note that a project
lisov135 [29]

Answer:

d. 13.31%

Explanation:

IRR is the rate at which NPV = 0    

IRR 13.31%    

Year                                      0            1              2                3

Cash flow stream               -1100.000    450.000   470.000    490.000

Discounting factor                    1.000       1.133        1.284         1.455

Discounted cash flows project  -1100.000 397.136 366.060 336.804

NPV = Sum of discounted cash flows    

NPV Project = 0.000    

Where    

Discounting factor = (1 + discount rate)^(Corresponding period in years)  

Discounted Cashflow = Cash flow stream/discounting factor  

IRR  = 13.31%

Therefore, The project's IRR is 13.31%

5 0
3 years ago
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