Advanced Residual Income and Return on Investment are commonly used measures of performance. However, they are frequently
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Advanced Residual Income and Return on Investment are commonly used measures of performance. However, they are frequently criticised for placing too great an emphasis on the achievement of short¬ term results, possibly damaging longer-term performance.
You are required to discuss
(a) the issues involved in the long-term:short¬
term conflict referred to in the above state¬ ment; (11 marks)
(b) suggestions which have been made to recon¬ cile this difference. (11 marks)
(Total 22 marks) CIMA Stage 4 Management Accounting-
Control and Audit
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