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Questions and Answers
Which of the following is NOT an example of non-financial data?
Which of the following is NOT an example of non-financial data?
- Financial statements (correct)
- Organizational culture
- Social performance
- Environmental impact
Which framework reflects a business's economic, social, and environmental performance?
Which framework reflects a business's economic, social, and environmental performance?
- Kaplan & Norton's Balanced Scorecard
- Elkington's Triple Bottom Line (correct)
- Handbooks of Management Accounting Research
- Deloitte's Non-Financial Reporting
What is the purpose of Kaplan & Norton's Balanced Scorecard?
What is the purpose of Kaplan & Norton's Balanced Scorecard?
- To measure the company's financial impact on the environment
- To measure business performance only through financial data
- To provide a balanced overview of business performance from four different perspectives (correct)
- To identify different key performance indicators for financial data only
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Description
Do you know what non-financial data is and how it can benefit companies? If not, this quiz is for you! Test your knowledge on the definition and importance of non-financial data, and discover how it can provide insights into a company's organizational culture and performance in other business functions. Don't miss the opportunity to learn about this critical aspect of data collection and analysis.
