Which of the Following Statements About the Economic Value Added $\bold{not}$

Which of the following statements about the economic value added (EVA) performance measure is $\bold{not}$ true?

A) EVA is a short term financial performance measure of the economic value created over a specific time period.
B) The formula to calculate EVA uses profit before tax.
C) Adjustments can be made to the components of the EVA formula to suit the specific circumstances of each division.
D) Using the EVA performance measure can assist in the minimisation of suboptimal decision making.