Question: Select the incorrect statement concerning nonfinancial performance measures (NFPMs). NFPMs are based on nonmonetary details, such as time, quantities, and ratios. Using as many NFPMs

Select the incorrect statement concerning nonfinancial performance measures (NFPMs).

NFPMs are based on nonmonetary details, such as time, quantities, and ratios.

Using as many NFPMs as possible will increase employee motivation.

Appropriate nonfinancial metrics are those that can be clearly articulated and defined.

NFPMs have many distinct advantages over financial performance measures.

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