Whichofthefollowingstatementsismostcorrectabouttheselectionofperformancemeasures?

Select one:

Intoday'senvironment,firmsarelikelytohaveanappropriatemixofbothfinancialandnon-financialperformancemeasures.

Theonlyreally importantstakeholdersaretheownersofthefirmandthereforefinancialperformancemeasureswillalwaysbethemostcrucial.

Inthemodernenvironment,itislikelythatnon-financialperformancemeasureswillcompletelyreplacefinancialperformancemeasures.

Increasingly 'lead' performance indicators can be ignored and 'lag' indicators are becoming most important.