The Balanced Scorecard (BSC) and the cost allocation concepts show underlying assumptions that are aligned along with biblical teachings on stewardship and accountability. The perspective of the BSC can be seen through the biblical concept of stewardship. In (Matthew 25:14–30, NIV), People are trusted with resources and then evaluated on how they utilized these given resources. This passage highlights accountability, in which given resources are subject to judgment, which also aligns on how the BSC is implemented in an organization to make proper use of its resources. Similarly, Luke 16:10 (NIV) states “Whoever can be trusted with very little can also be trusted with much.” The concept of cost allocation of direct and indirect costs is also articulated in Luke 14:28 (NIV), which mentions the need for cost awareness before taking on a project: “Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost?” This aligns with the usage of the BSC in its allocation of resources and management of costs as for proper decision making. The BSC and cost allocation of direct and indirect costs is embedded within biblical theology as it demonstrates organizational stewardship, accountability, resource allocation, and wisdom based decision making.
Miguel Virgen (Sat,) studied this question.