You will compare basic financial controls to the balanced scorecard (BSC) method. Consider the four typical components of the balanced scorecard.

Task Describe the value and benefits of using a balanced scorecard for management control. Compare and contrast the BSC (Basic financial controls) approach to financial controls. Do you agree with Dana that the BSC approach is better than using financial controls alone? Why or why not?

Include 3 properly referenced and defined terms from the module reading. For example, you could elaborate on how BSC provides information for anticipating the future (proactive control). You are encouraged to research management control tools using reliable and properly cited Internet resources or draw from your personal work experience with appropriate examples to support your references.