What is the key advantage of economic profit, compared with using shareholder value analysis?
A) It presents results as percentages.
B) It reduces risk.
C) It uses existing accounting and reporting systems.
D) It maximises the probability of finding profitable projects.

Question

Quizplus · Accepted Answer

Economic profit can utilize existing accounting and reporting systems, making it easier to implement and understand without the need for developing new systems or metrics.

What Is the Key Advantage of Economic Profit, Compared with Using