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a)The basic qualities needed by a good performance measure are precision and sensitivity. Define and explain these two characteristics. (4 Marks) Suppose that improvements to
a)The basic qualities needed by a good performance measure are precision and sensitivity. Define and explain these two characteristics. (4 Marks)
- Suppose that improvements to GAAP reduce the noise in net income. Should the recommended percentage paid to the CEO be increased or decreased? Explain why. (3 Marks)
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