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Explain the purpose of the balanced scorecard

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Reference no: EM133103575

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Q1. Explain the purpose of the balanced scorecard and identify two examples of nonfinancial measures that might be included in a balanced scorecard. (Please provide reference)

Q2. Describe standard costs. Explain the benefits of using a standard cost system at well-known companies like Best Buy, Microsoft, Sam's Club. (Please provide reference)

Reference no: EM133103575

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