The return on investment is usually considered the most popular approach to incorporating the investment base into a performance measure because:
A) it blends all the ingredients of profitability into a single percentage.
B) it is similar to the company's price earnings ratio which is available daily in the financial press.
C) once determined,there is no need to use it with other measures of performance.
D) Both A and C are correct.
Correct Answer:
Verified
Q4: Which statement about designing an accounting-based performance
Q5: Designing an accounting based performance measure requires
Q5: The question 'Should assets be defined as
Q6: Companies are increasingly using non-financial measures to
Q9: The first step in designing accounting based
Q10: Customer-satisfaction measures are an example of the:
A)financial
Q11: An example of a performance measure with
Q12: Managers usually use the term 'return on
Q13: Some companies present financial and non-financial performance
Q14: The _ method of profitability analysis recognises
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