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You are the newly appointed Trainee Management Accountant at Seren Ltd. The company is considering implementing the financial performance measurement system economic value added (EVA

You are the newly appointed Trainee Management Accountant at Seren Ltd. The company is considering implementing the financial performance measurement system economic value added (EVA).

Discuss the benefits for using economic value added (EVA) as a measure of financial performance in preference to other accounting performance measures

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