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Which of the following statements is true of successfully implementing a balanced scorecard? A) External auditors...

Which of the following statements is true of successfully implementing a balanced scorecard?

A) External auditors should design and implement the balanced scorecard.

B) Balanced scorecard should never be communicated to all employees.

C) Balanced scorecard should be formed exclusively by top management.

D) Management accountants should determine the balanced scorecard measures.

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Answer #1

Option D is correct i.e. Management accountants should determine the balanced scorecard measures.

Reason :- Management accountants are those people who knows all about comapny's finance, their customers base and all the key requirements used in balanced scorecard.

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