SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Management accounting 2022

» Start this Course
(Practice similar questions for free)
Question:

What performance measures do we use to evaluate long-term economic performance?

Author: Hjalmer Pedersen



Answer:

Features of good performance measures: - Goal congruence with organization objectives: Managers working in their own best interest take actions to accomplish the overall goals of the organization. - Comparisons across different subunits possible. Performance measurement in the long term: - Take level of investment into account. Resources/assets used to generate profits.


0 / 5  (0 ratings)

1 answer(s) in total