Statements regarding operational performance measures


Question: Which of the following statements regarding operational performance measures is false? Multiple choice question. Nonfinancial measures are a critical element of companies' financial planning and analysis systems. Integrating operational controls with the balanced scorecard makes sense for most organizations. Operational controls should be tied to the strategic objectives of the organization. Financial measures are the only objective measure of operational success.

 

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Accounting Basics: Statements regarding operational performance measures
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