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    Managerial Accounting Study Set 4
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    Exam 11: Performance Evaluation and the Balanced Scorecard
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    The Use of Return on Investment (ROI)as a Performance Measure
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The Use of Return on Investment (ROI)as a Performance Measure

Question 119

Question 119

True/False

The use of return on investment (ROI)as a performance measure may lead managers to reject projects that would be profitable for the company as a whole.

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