An advantage of using return on investment (ROI) to measure performance is that it discourages excessive investment in operating assets such as inventory or receivables
Indicate whether the statement is true or false
true
You might also like to view...
Which of the following statements is false regarding agreed-upon procedures engagements?
a. In this type of engagement, the independent practitioner is engaged to assist in evaluating subject matter or an assertion. b. In this type of engagement, the nature, timing, and extent of agreed-upon procedures is the same for all engagements. c. In this type of engagement, the practitioner does not perform a review, and does not provide an opinion or negative assurance. d. In this type of engagement, the report should indicate that it is restricted in its use to specified parties.
Which of the following are value discipline strategies?
A) operational excellence, overall cost leadership, and differentiation B) customer intimacy, operational excellence, and focus C) employee relations, product leadership, and overall cost leadership D) product leadership, customer intimacy, and focus E) operational excellence, customer intimacy, and product leadership
The standard error of the proportion will become larger as?
A. ?nincreases. B. ?papproaches 0. C. ?papproaches .5. D. ?papproaches 1.
All of the following are characteristics of a closely held corporation EXCEPT
a. the shares are publicly traded. b. the corporation can typically operate without a board of directors. c. the shareholders usually restrict share transfer. d. minority shareholders are provided more protection than in regular corporations.