Which of the following is NOT a limitation of profit management?
A) the emphasis on quantifiable measures
B) emphasis on volume variances
C) the focus on past performance
D) a higher emphasis on short-run optimization

Question

Quizplus · Accepted Answer

Although profit management does focus on quantifiable measures and past performance, and does have a higher emphasis on short-run optimization, it does not necessarily emphasize volume variances as a limitation. In fact, considering volume variances can be important for understanding changes in revenue and profits.

Which of the Following Is NOT a Limitation of Profit