Question 9 4 pts Managerial performance can be measured in many different ways including return...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Question 9 4 pts Managerial performance can be measured in many different ways including return on investment and residual income. A good reason for using residual income instead of ROI is: Residual income can be computed without having to measure operating assets. Managers are more likely to accept projects that are beneficial to the company. ROI does not take into account both turnover and margin. A minimum rate of return does not have to be specified when the residual income approach is used
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
