A company should only use nonfinancial performance measures when financial measures cannot be calculated.

Question

Quizplus · Accepted Answer

Nonfinancial performance measures can be used in addition to financial measures to provide a more complete picture of a company's performance. They can also be used when financial measures are not the most relevant or appropriate way to measure performance, such as in the case of measuring social or environmental impact.

A Company Should Only Use Nonfinancial Performance Measures When Financial