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43 Balanced Scorecard Approach to Performance Evaluation Tools for Enterprise Performance Evaluation Please click the advert The metrics are intended to measure progress toward fulfillment of the corporate objectives, and the
managerial accountant is apt to be heavily involved in gathering the necessary data for inclusion in
the balanced scorecard performance reports. These reports are often graphical in nature to facilitate
easy use and interpretation, with particular emphasis on timely identification of trends. Sometimes,
the metrics are prominently posted in the work place; perhaps you have seen a sign at a construction
site noting the number of consecutive accident free work days. By prominent display of such data,
employees are constantly reminded of, and vigilant to meet, key performance goals. The ﬁnancial industry needs a strong software platform
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44 Appendix Tools for Enterprise Performance Evaluation Future Value of $1 Table http://principlesofaccounting.com/ART/fv.pv.tables/fvo Appendix 45 1 of 1 8/10/2009 1:...
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