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Which one of the following statements is not true in relation to balanced scorecards? a) A...

Which one of the following statements is not true in relation to balanced scorecards?

a) A balanced scorecard tracks the progress of a strategy

b) A balanced scorecard requires a clear sequence of cause-and-effect relationships

c) A balanced scorecard focuses on financial objectives

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Answer #1

Which one of the following statements is not true in relation to balanced scorecards?

a) A balanced scorecard tracks the progress of a strategy - True

Reason:- A balance scorecard will measure and monitor the progress of the strategy.  

b) A balanced scorecard requires a clear sequence of cause-and-effect relationships - True

Reason:- Under balance scorecard, there is a strategy mapping process wherein you connects cause and effect between objectives.

c) A balanced scorecard focuses on financial objectives - False

Reason:- It focuses on both financial and non financial objectives

Answer:- c) A balanced scorecard focuses on financial objectives

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