The balance scorecard

Option A

Is an activity$-$based responsibility accounting model that measures operating activities.

Option B

Is a financial$-$based responsibility accounting model that focuses on the financial performance of units, rewarding performance with static financial$-$oriented standards

Option C

Is a strategic$-$based financial reporting system that balances assets with liabilities and owner's equity.

Option D

Is a strategic$-$based performance management system that identifies objectives and measures from a financial prespective, customer perspective, process perspective, and learning and growth perspective.