The Return on Investment Measure of Performance

question 28

Multiple Choice

The return on investment measure of performance:

• A)is never as important a measure of management effectiveness as the amount of net income.
• B)relates dividends paid to the entity's assets.
• C)is calculated using net income as the amount of return.
• D)is calculated by dividing average assets for a period by the amount of net income for the period.

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Definitions:

Psychological Importance

The significance or value given to a situation or object based on its impact on mental health or cognitive processes.

Job Title

A formal designation that reflects the nature of the job and the duties it involves, used as a means to categorize positions within an organization.

Competency-Based Approach

An approach that emphasizes the development, measurement, and recognition of employees' skills, abilities, and performance in a specific domain.

Job Analysis

The process of studying and collecting information about the content and human requirements of jobs, as well as the context in which jobs are performed, to inform various human resource functions.