Posted: November 11th, 2022
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Preparation
In this written assignment, you will compare basic financial controls to the balanced scorecard (BSC) method.
Your Task
Write a three-paragraph essay describing the value and benefits of using a balanced scorecard for management control. Compare and contrast the BSC approach to financial controls. Do you agree with Dana that the BSC approach is better than using financial controls alone? Why or why not? Your essay must include three properly referenced and defined terms; for example, you could elaborate on how BSC provides information for anticipating the future (proactive control).
In addition to the text, you are encouraged to research management control tools using reliable and properly cited Internet resources.
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