Why is ROI classified as a composite performance measure? Explain its significance.

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Management Accounting Text Problems And Cases

ISBN: 9781259026683

6th Edition

Authors: M Y Khan, P K Jain

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Question Posted: Mar 08, 2024 11:00 PM

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Why is ROI classified as a composite performance measure? Explain its significance.

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Return on Investment ROI is classified as a composite performance measure because it takes into account multiple financial elements to evaluate the pr...View the full answer

Management Accounting Text Problems And Cases

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