The use of replacement cost of assets for purposes of calculating ROI has the advantage(s) of:
A) Historical accuracy.
B) Being a sound measure of the level of investment in a continuing business.
C) Objectivity.
D) Consistency with generally accepted accounting principles (GAAP) .
E) Avoiding the need for developing estimates of current cost.
Correct Answer:
Verified
Q8: Return on investment (ROI)is the result of
Q9: Because residual income (RI)is a dollar amount,in
Q9: Use of net book value (NBV) in
Q10: The choice of valuation method for inventories
Q11: Determination of the useful life of an
Q13: The difference between the historical cost and
Q14: Which of the following is the most
Q15: When investments in facilities are shared by
Q16: As a general rule,leased assets should be
Q17: Which one of the following is an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents