User Account

All Pages

Elements that might be presented in a balanced scorecard

Assignment Help Managerial Accounting
Reference no: EM13309835

Part -1:

Your boss recently attended an accounting seminar at which the balanced scorecard was discussed. He has asked you to prepare a presentation for the next manager's meeting about the balanced scorecard and how EEC might adopt it. In your presentation, complete the following: 

  • Define the elements that might be presented in a balanced scorecard
  • Explain how it is used
  • Make a recommendation of whether or not EEC should adopt the balanced scorecard
    • If adopted, how might itimprove the company?

Part -2:

The President of EEC has decided to adopt the balanced scorecard. The balanced scorecard translates an organization's mission and strategy into operational objectives and performance measures for 4 different perspectives. You received an e-mail from him asking about tying compensation with performance measures. Discuss the following in your response:

  • Discuss unethical behavior that can result if the wrong performance measures are used to tie performance measures to compensation.
  • How can EEC avoid these behaviors?
  • How should EEC tie performance measures to compensation?
  • Who is responsible for establishing the performance measures?

 

Verified Expert

Reference no: EM13309835

Questions Cloud

Calculate the ph when acetic acid is a weak acid : acetic acid is a weak acid. Its Ka is 1.8(10^-5). For a concentration of 0.015 M, calculate the pH.
Find how far apart would the plates have to be : Some sharks respond to very weak electric fields, as weak as 1.0 µV/m. To grasp how weak this field is, how far apart would the plates have to be
Write a script to help users calculate compressed file size : Write a script to help users calculate compressed file size. Prompt the user to enter the original size of a file (inbytes) from the keyboard.
Identify primary characteristics of product : Discuss the type of product the company will offer and identify its primary characteristics.
Elements that might be presented in a balanced scorecard : Define the elements that might be presented in a balanced scorecard and explain how it is used - Make a recommendation of whether or not EEC should adopt the balanced scorecard
Determine reverse-saturation current of the pn junction : Find the voltage v0 and current i0 of the diode circuit shown in the figure below. You may assume a diode cut-in voltage of vy = 0.7V - difference in forward-bias voltages between the two diodes is 0.3V. Determine the reverse-saturation current of t..
Determine the hydraulic conductivity of the sand in field : In the field, if the relative compaction is 90%, determine the hydraulic conductivity of the sand in the field compaction condition (given that k for the sand at the maximum dry density condition is .040 cm/sec and Gs = 2.65).
What is the nominal strength with one end fixed : The length is 10 feet. What is the nominal strength if Fy=50 ksi. Note that this is a slender-element compression member, and the equations of AISC section E7 must be used
What would side slope of cut be if catch point is located : A backsight reading of 2.56 was obtained with rod at A and a foresight reading of 7.45 was obtained with the rod at the trial point B. If B is located 37.00 feet from the center line of a planned 50-foot wide road, is the catch point located uphi..

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What would be the impact on profits

The annual fixed cost of $2,000,000 would be unaffected by the special order. What would be the impact on profits if Costa were to accept this special order?

  How management should use an activity based budget

Describe the meaning and the components of a financial reporting system, write a description of how management should use an activity based budget instead of an operating budget and explain the similarities and differences of the two budgets

  Determining amount received on bond issue

Clancy Inc. issues $2,000,000 of 7% bonds due in 10 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 8%.

  Alternative methods-joint-cost allocation

Sunshine Oil Company buys crude vegetable oil. Processing this oil results in four products at the split off points: A, B, C, and D. Product C is fully processed at the split off point.

  Determing production and direct material purchases

Alder Company budgets an annual basis. The following beginning and ending inventory levels (in units) are planned for the next year. Two units of raw material are required to produce each of finished products.

  Question on sampling from managerial perspective

Describe the importance of sampling from the managerial perspective. Give examples.

  Develop a company and determine producation and sell

Compare and contrast financial and managerial accounting. Define fixed, variable, and mixed costs and explain the cost behaviors of each. Demonstrate the proper accounting for job order costing and process costing. Distinguish between and demonstrate..

  Schedule showing the allocation of service department costs

Prepare a schedule showing the allocation of service department costs to other departments. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Do not round intermediate calculat..

  Budget constraints in two period model

Explain how the budget constraint of househould in two-period model is affected by each of the following changes. In each case, do you think the household is better off or worst off or is the answer ambiguous?

  Create a payment plan

The CFO of your company has asked you to provide recommendation concerning which payment plan to accept. What is your recommendation? Assume your weighted-average cost of capital is 10%.

  Discuss how your organization might use the findings

The purpose of the study defines what the researcher wants to find out and is found in the introductory section of the research article. Sometimes the purpose contains a research questions.

  Has this assumption changed based on the current economy

Does the CVP assumption of linearity make sense within the relevant range? Has this assumption changed based on the current economy?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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