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Role Of Accounting In Business Scorecard

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An organization uses several key measures and tools to show stakeholder that the organization performance is good enough to meet objectives and respective goals. An empirical concept of balance scorecard plays a role in the nineteen century to measure how well an organization is doing in a view of competing all the stakeholder concerns. It is used to monitor and enhancing business operation within a customer, internal business function and learning the growth of each segment of the business(Cardos 2014).  It is assumed the strategy and tactics management used should comply with a balanced scorecard along with information which is being tracked. Let’s dive deeper to understand the role of accounting in a business scorecard. Balanced Score Card Quadrants A balanced scorecard is comprised of four quadrants containing distinct perspective. All these perspective are listed below:- Financial Customer Internal process Learning and growth It is designed in such a way whole orga