A balanced scorecard is particularly useful performance management tool in a setting where:

Group of answer choices

Performance measures related to effectiveness of the firm$$s strategy can be calculated only with high levels of error.

Firms use a plant$-$wide overhead cost driver.

Management has been able to identify cause and effect relations between non$-$financial performance measures and future financial performance.

Activity$-$based costing is inconsistent with implementing the balanced scorecard.

Critical measures of profit can only be measured with extremely high rates of error.