Which of the following statements is true regarding the balanced scorecard? O Governmental agencies and nonprofit organizations use the same four perspectives as for-profit organizations use in the balanced scorecard approach. O The balanced scorecard is a framework for measuring organizational performance using both financial and nonfinancial measures. O The balanced scorecard focuses on financial measures alone to measure the success of an organization. O The balanced scorecard uses the five elements described in Porter's Five Forces to assess the strategies and initiatives of an organization.
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