You own a bakery which specializes in wedding cakes. You just recently took a course in Accounting Information Systems and learned about the Balanced Scorecard. Identify at least two KPIs for the four categories of the Balanced Scorecard for your business.

You own a bakery which specializes in wedding cakes. You just recently took a course in Accounting Information Systems and learned about the Balanced Scorecard. Identify at least two KPIs for the four categories of the Balanced Scorecard for your business.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

You own a bakery which specializes in wedding cakes. You just recently took a course in Accounting Information Systems and learned about the Balanced Scorecard.

Identify at least two KPIs for the four categories of the Balanced Scorecard for your business.

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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