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Other Fields Homework Help Accounting Topic started by: trixr4kids on Jul 17, 2023



Title: Which of the following statements is true?Financial measures tend to be lag indicators that report ...
Post by: trixr4kids on Jul 17, 2023

Which of the following statements is true?

  1. Financial measures tend to be lag indicators that report on the results of past actions.
  2. A profit center is responsible for generating revenue, but it is not responsible for controlling costs.


▸ Only statement I is true.

▸ Only statement II is true.

▸ Both statements are true.

▸ Neither statement is true.


Title: Re: Which of the following statements is true?Financial measures tend to be lag indicators that report ...
Post by: Ignesias on Jul 17, 2023
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