The Question 'Should Assets Be Defined as Total Assets or Net

Multiple Choice

The question 'Should assets be defined as total assets or net assets?' is considered to be part of which step in designing an accounting-based performance measure?

A) Choose performance measures that align with top management's financial goals.
B) Choose the time period of each performance measure.
C) Choose a definition for each performance measure.
D) Choose a measurement alternative for each performance measure.