Because of your superb performance as a Lead Cost Accountant, the CFO has promoted you to the Cost Accounting Department Manager position. In one of your first tasks as the Manager, the CFO invited you to present at the annual Company conference to explain the concept of a performance measurement system, identify the basic elements of a balanced scorecard, and corporate social responsibility.

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As you prepare to present at the annual Company conference it is essential to effectively communicate the concept of a performance measurement system ... View the full answer