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book Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt cover

Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt

Edition 11ISBN: 978-1259569562
book Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt cover

Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt

Edition 11ISBN: 978-1259569562
Exercise 8
What is the chief disadvantage of ROI as an investment-center performance measure? How does the residual-income measure eliminate this disadvantage?
Explanation
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Disadvantages:
• Return on Investment (...

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Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
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