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Management accounting 2022

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Pregunta:

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

Autor: Hjalmer Pedersen



Respuesta:

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.


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