Two advantages of return on investment (ROI) are that:

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Select one:

O a. it encourages managers to focus on both profits and short-term financial performance

O b. it encourages managers to defer the replacement of old assets and focus on cost cutting

O c. it discourages managers from excessive investment in assets and may be used to evaluate

the relative performance of investment centres

O d. it encourages managers to focus on profits and the deferment of investment in new

projects