Why is the use of the balanced scorecard preferable over performance measurement based solely on financial data?

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Managerial Accounting

ISBN: 9781119577669

4th Edition

Authors: Charles E. Davis, Elizabeth Davis

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Question Posted: May 05, 2021 06:19 AM

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Why is the use of the balanced scorecard preferable over performance measurement based solely on financial data?

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Financial data are lagging indicators of performance and leadin...View the full answer

Managerial Accounting

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