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18. If a manager is evaluated using the return on investment, the manager may be reluctant to invest in new equipment because the additional investment
18. If a manager is evaluated using the return on investment, the manager may be reluctant to invest in new equipment because the additional investment a. may reduce profit by the cost of the investment b. will decrease the level of assets. c. may decrease the return on investment. d. may increase investment turnover
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Auditing and Assurance services an integrated approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
16th edition
978-0134075754, 134075757, 134065824, 978-0134065823
