Respond to the following: Dashboard Your Scorecard Step-by-Step: Complete each step in the Journal of Accountancy article
Question:
Respond to the following:
Dashboard Your Scorecard Step-by-Step:
Complete each step in the Journal of Accountancy article to create a dashboard. You are welcome to be as creative as you want (table designs, colors, and so forth) as you follow the steps to complete the dashboard.
The article is self-explanatory and does a great job walking you through each of the steps. There is a single noted error in the article that needs to have clarification. Above Exhibit 8 a single sentence reads: "Now, let's tackle the final piece of the puzzle. Enter the function =INDEX(D24:D28,B19) in cell B20 (Exhibit 8)" (Lehman, Lehman, &Feazell, 2011, para. 26).
However, a value is missing in the function - the one designating the list location for the representative. Therefore, use the following function in cell B20, as is shown correctly in the formula cell in Exhibit 8: =INDEX(D24:D28,B19,1)
Use of Digital Dashboards:
Experience: Share your experience with digital dashboards, identifying whether using one is new to you or you are familiar with them.
Three Measurements: Identify at least three measurements in the balanced scorecard you completed in Workshop Five that would be ideal for placing on a digital dashboard. For each measurement, identify a particular type of exhibit that would best display the data (bar chart, pie chart, trend chart with Sparklines, and so forth).
Additional Article Research: Locate at least one additional article on the topic of digital dashboards and summarize your learning from that article and explain it.
Step by Step Answer:
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson