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Balance Scorecard is a management accounting tools to communicate and monitor the achievement of the organisations objectives. It translates the organisations strategy into clear objectives,
Balance Scorecard is a management accounting tools to communicate and monitor the achievement of the organisations objectives. It translates the organisations strategy into clear objectives, measures, targets and initiatives established by four perspectives.
By using one example of an organisation, discuss how balance scorecard helps the management to communicate and track the performance of their organisation.
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