Which of the following is a disadvantage of financial performance measures such as return on investment (ROI)

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Which of the following is a disadvantage of financial performance measures such as return on investment (ROI) and residual income?
a. Not readily understood by managers
b. Focus on short-term performance
c. Cannot be used in a balanced scorecard
d. Cannot be used to evaluate division performance

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Managerial Accounting

ISBN: 12

2nd Edition

Authors: Karen Braun, Linda S Bamber

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