Relative to Qualitative Performance Measures,quantitative Performance Measures Are Less

question 93

Multiple Choice

Relative to qualitative performance measures,quantitative performance measures are less

• A)subject to manipulation.
• B)dependent on accounting information.
• C)effective in the pursuit of organizational goals.
• D)subjective.

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Definitions:

Effective Annual Return

The interest rate on an investment on an annual basis, accounting for the effect of compounding more than once per year.

Nominal Interest

The rate of interest before adjustments for inflation; the stated interest rate on a financial product.

Compounding

The process of finding the future value of a single payment or series of payments.

Amortized

The process of gradually paying off debt through a series of fixed payments over time, which cover both principal and interest.