Which of the following statements is true of the balanced-scorecard?

A. It is one of the traditional approaches of measuring firm performance.
B. It attempts to provide a holistic perspective on firm performance.
C. Its primary focus is to base a firm's strategic goals entirely on external performance dimensions.
D. It is a more or less a one-dimensional metric of measuring competitive advantages of a firm.


Answer: B

Business

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BidSystems has several contracts with the federal government. Therefore, it is required to take steps to maintain a drug-free work environment.

Answer the following statement true (T) or false (F)

Business

Investment income related to Assets Whose Use Is Limited amounted to $15,000 for St, Mary's Hospital, is a not-for-profit business oriented hospital. The hospital's board designated the money for future capital improvements. What is the journal entry to record this event?

A.

Cash15,000 
Nonoperating Income-Restricted-Assets Whose Use is Limited for Capital Improvements-Investment Income 15,000

B.
Cash15,000 
Nonoperating Income-Unrestricted-Investment Income 15,000

C.
Cash-Assets Whose Use is Limited15,000 
Nonoperating Income-Unrestricted-Assets Whose Use is Limited for Capital Improvements-Investment Income 15,000

D.
Cash-Assets Whose Use is Limited15,000 
Nonoperating Income-Restricted-Assets Whose Use is Limited for Capital Improvements-Investment Income 15,000

Business

Which is the total cost of 3.5 pounds of grapes at $2.10 a pound?

A) $5.60 B) $6.35 C) $7.04 D) $7.35

Business

Which of the following statements is true of the composition of a development team over the different phases of the systems development life cycle?

A) During conversion, the team will be heavy with database designers. B) During requirements definition, the team will be heavy with testers and database designers. C) During integrated testing and conversion, the team will be augmented with business users. D) During design and implementation, the team will be augmented with business users.

Business