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Question 2 An important difference between financial measures of quality and nonfinancial measures of quality is that _ a . nonfinancial measures are generally too
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An important difference between financial measures of quality and nonfinancial measures of quality is that
a nonfinancial measures are generally too subjective to have any longterm value, while financial measures are too objective for taxation purposes
b financial measures of quality tend to be useful indicators of future longterm performance, while nonfinancial measures have more of a shortterm focus
c nonfinancial measures of quality tend to be useful indicators of future longterm performance, while financial measures of quality have more of a shortterm focus
d nonfinancial measures are generally too subjective to have any shortterm value, while financial measures are too objective to have mediumterm value
e None of the answers.
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