By using economic value-added, we avoid managers focusing on short-term gains like they would with accounting income.

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By using economic value-added, we avoid managers focusing on short-term gains like they would with accounting income. Do you agree with this statement?

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Fundamentals of Cost Accounting

ISBN: 978-0078025525

4th edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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Question Posted: Jan 07, 2014 01:47 AM

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By using economic value-added, we avoid managers focusing on short-term gains like they would with accounting income.

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Economic value added uses accounting income so any issue a...View the full answer

Fundamentals of Cost Accounting

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