Internally,firms use performance metrics provided by accounting for:

Question

Quizplus · Accepted Answer

Performance metrics provided by accounting are used by firms for internal purposes such as determining compensation for employees and for managing risks. While these metrics may be used for purposes such as communicating with potential investors or satisfying regulatory agencies, they are primarily used for internal decision-making processes. Therefore, option D is the best choice.

Internally,firms Use Performance Metrics Provided by Accounting For