In what way can the use of ROI as a performance measure for investment centers lead to
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In what way can the use of ROI as a performance measure for investment centers lead to bad decisions? How does the residual income approach overcome this problem?
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If ROI is used to evaluate performance a manager of an investment center may reject a prof...View the full answer
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Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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