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ashly138 ashly138
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Using net book value when calculating return on investment encourages managers whose performance is measured by this metric to replace assets.
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Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
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GarretAGarretA
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More solutions for this book are available here
False
Explanation:  Purchasing assets will reduce ROI so the managers will be discouraged from doing so.
1
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