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Question 7 If return on invested capital is the accounting measure used as a results control, the most relevant measure for investment would be A.
Question 7
If return on invested capital is the accounting measure used as a results control, the most relevant measure for investment would be
A. | Historical cost | |
B. | Net book value | |
C. | Net book value plus historical cost of unrecorded intangibles | |
D. | Fair values |
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