Question: Net book value produces a misleading increase in return on investment because: a. Investment centres with old assets will show a higher return on investment
Net book value produces a misleading increase in return on investment because:
| a. | Investment centres with old assets will show a higher return on investment than centres with new assets. | |
| b. | Investment centres with old assets will show a lower return on investment than investment centres with relatively newer assets. | |
| c. | Investment centres with new assets will show a higher return on investment than investment centres with old assets. | |
| d. | Investment centres with old assets will show an equal return on investment compared with their newer counterparts. | |
| e. | Book value reflects changing market values. |
Which of the following is an example of an intrinsic reward?
| a. | Cash bonus. | |
| b. | Personal satisfaction. | |
| c. | Share options. | |
| d. | Larger office. | |
| e. | Certificate of merit. |
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