Profit maximization pupose cannot be an ideal basis for making business decision because of _________ a. Focus only on Accounting Profits b. Failure to consider risk c. Lack of time dimension d. All of the above
Profit maximization pupose cannot be an ideal basis for making business decision because of _________ a. Focus only on Accounting Profits b. Failure to consider risk c. Lack of time dimension d. All of the above
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 2Q: Is there a way to prevent managers from focusing on accounting measures as performance measures?
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Question
Profit maximization pupose cannot be an ideal basis for making business decision because of _________
a.
Focus only on Accounting Profits
b.
Failure to consider risk
c.
Lack of time dimension
d.
All of the above
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