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Responsibility Centers & Financial Controls

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I need help with the following scenario:

The organization that you work for has been thinking about implementing one of the following performance measures:

- Balanced Scorecard
- Economic Value Added

It has asked you to prepare a summary and make a recommendation as to what performance measure should be used.

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Solution Summary

Responsibility centers and financial controls are examined. The expert prepares a summary and makes a recommendations as to what performance measures should be used.

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This response should be useful for you to develop better understanding with regard to the given topics. Kindly use this work for your reference only and please do not use this content in your assignment or homework. Thank you for asking BrainMass.
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Selection of Performance Measure

There are two performance measures to implement in the organization that is economic value added (EVA) and balanced scorecards. A performance measure is quite effective for long-term and forward thinking strategic view. These measures are used to achieve the organizational goals and objectives. Balanced ...

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