Question
Which of the following techniques was developed by
Kaplan and Norton?Solution
The Balanced Scorecard is a strategic performance management tool that was introduced by Robert S. Kaplan and David P. Norton in the early 1990s. It provides a balanced and comprehensive view of an organization's performance by measuring and monitoring both financial and non-financial aspects of its operations. The Balanced Scorecard typically includes a set of key performance indicators (KPIs) and measures related to various perspectives such as financial, customer, internal processes, and learning & growth. This framework helps businesses align their strategic objectives, track performance against targets, and make informed decisions to improve overall performance and effectiveness.
The primary objective of an Internal Audit, as opposed to a Statutory Audit, is to:
A company purchased a machinery for Rs.4,50,000. The machine is expected to have a useful life is 7 years after which it can salvage a value of Rs.30,0...
What is the interest rate earned on digital currency e-rupee?
A bill of ₹2,00,000 is drawn for 90 days and discounted at 10% p.a. Calculate the amount of discount and proceeds received. Assume 360 days in a year....
A company follows the accrual basis of accounting and recognizes revenue when the goods are dispatched, not when cash is received. However, in its final...
Under the equity method of accounting for associates (AS 23), the investment is initially recorded at cost and subsequently adjusted for:
Traditional costing over-allocates overhead to mass motor policies and under-allocates to niche marine policies. Which ABC driver is most appropriate?
According to the MSME policy, the startup status of a company ceases if its turnover exceeds ____ or it has completed ____ years from incorporation.
SA 230 standard refers to:
Which among the following would be classified as a part of Internal Liability?
