Which of the Following Is Not a Criticism of Using

Which of the following is not a criticism of using return on investment (ROI) for divisional performance evaluation?

A) ROI may not capture and reflect value creation in the "new economy."
B) ROI does not take into consideration the amount of capital invested in the division whose performance is being evaluated.
C) The ROI metric has a short-term focus/orientation.
D) ROI fails to capture broader elements of "performance," beyond financial performance.
E) There is a disconnect between models used for the analysis of long-term capital investment projects and subsequent evaluation of the financial results of those projects using ROI.