One of the drawbacks to the accounting profitability approach to measuring competitive advantage is that it does not consider:
A) Tangible assets such as land.
B) Off-balance sheet items such as pension obligations.
C) Profit earned per dollar.
D) How the company performed in the past.

Question

Quizplus · Accepted Answer

Accounting data do not consider off-balance sheet items such as pension obligations and operating leases.

One of the Drawbacks to the Accounting Profitability Approach to Measuring