Describe the four measures for business

Assignment Help Cost Accounting
Reference no: EM132610009

A Balanced Scorecard is used by a firm to measure progress in each of four areas:

  1. financial
  2. customer perspective
  3. internal-business-process
  4. learning-and-growth

Question 1: Assume you own a small business with eight employees. It can be a service business or a product-producing business, your choice. Describe the four measures listed above and then, for your business, give us an example of each measure you might use to track your business process, and indicate why you chose that particular measure.

Reference no: EM132610009

Questions Cloud

Identify the different roles and responsibilities of nurse : Identify the different roles and responsibilities of the nurse. Please discuss the challenges you anticipate facing when fulfilling the various roles of a nurse
Emerging enterprise network applications : Research at least two articles on the topic of emerging enterprise network applications.
Explain the difference between the single-rate and dual-rate : Explain the difference between the single-rate and dual-rate methods of support-department allocation and give an example of when each method might be
Explain the function of the digestive system : In one to two paragraphs, explain the function of the digestive system.
Describe the four measures for business : Describe the four measures and then, for your business, give us an example of each measure you might use to track your business process
Functions of the respiratory system : In one to two paragraphs, explain the functions of the respiratory system.
Discuss importance of conducting thorough literature review : Discuss the importance of conducting a thorough literature review as it relates to the research process. Use a reference from scholarly literature or your text.
Draw a prokaryotic gene and its rna product : Draw a prokaryotic gene and its RNA productIt should contain Rna polymerase recognition site(binding site)
Explain difference between a cost object and a cost driver : Explain the difference between a cost object and a cost driver by giving an example of each within the context of a manufacturing plant

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd