Economic value added system identifies various activities needed to provide a product and determines the cost of each of those activities.

Name: Economic value added system identifies various activities needed to provide a product and determines the cost of each of those activities.
Brand: Quizplus
Rating: 4.7 (27 reviews)

Question

Quizplus · Accepted Answer

The Economic Value Added (EVA) system measures a company's financial performance by calculating the value created above the required return of the company's shareholders, not by identifying activities and their costs.

Economic Value Added System Identifies Various Activities Needed to Provide