Which of the following statements is(are) true regarding financial measures?
(A) One disadvantage of using financial measures to evaluate performance is that they are typically reported on a monthly, quarterly, or annual basis.
(B) One reason financial measures are used to evaluate performance is that they are easily quantifiable.
A) Only A is true.
B) Only B is true.
C) Both of these are true.
D) Neither of these is true.

Question

Quizplus · Accepted Answer

Financial measures are often reported periodically, which can be a disadvantage for timely decision-making (A). They are also used because they are easily quantifiable, making them straightforward to analyze (B).

Which of the Following Statements Is(are) True Regarding Financial Measures