One significant advantage of economic value added (EVA)is that it clearly states what specific actions managers should or should not take in order to improve financial performance.

Name: One significant advantage of economic value added (EVA)is that it clearly states what specific actions managers should or should not take in order to improve financial performance.
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Question

Quizplus · Accepted Answer

EVA measures financial performance but does not provide specific guidance on actions managers should take to improve it.

One Significant Advantage of Economic Value Added (EVA)is That It