Which of the following is a disadvantage of financial performance measures such as return on investment (ROI)

Question:

Which of the following is a disadvantage of financial performance measures such as return on investment (ROI) and residual income?
a. Not readily understood by managers
b. Focus on short-term performance
c. Cannot be used in a balanced scorecard
d. Cannot be used to evaluate division performance

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Managerial Accounting

ISBN: 9780137858514

7th Edition

Authors: Karen W. Braun, Wendy M. Tietz

Question Posted: