Which of the following statements are limitations associated with traditional performance measures?
i. They may encourage short-term financial performance.
ii. They describe results not causes.
iii. They do not emphasise areas that need development for long-term goal achievement.
A) i and ii
B) ii and iii
C) i and iii
D) All of the given answers

Question

Quizplus · Accepted Answer

Traditional performance measures often focus on short-term financial results rather than long-term strategic goals, describe outcomes without explaining underlying causes, and may not highlight areas needing development for future success.

Which of the Following Statements Are Limitations Associated with Traditional