Economic Value Added (EVA) Is a Measure of Operating Performance

question 61

Multiple Choice

Economic value added (EVA) is a measure of operating performance that indicates how successful a firm has been at:

• A)increasing the growth in earnings
• B)increasing the MVA of the enterprise in any given year
• C)increasing the rate of return on investment
• D)all of these

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Definitions:

Differences In Work Preferences

Differences in work preferences refer to the variation among individuals in terms of the type of work, work environment, hours, and conditions they find most satisfying or acceptable.

Income Distribution

Refers to the way in which total income is shared among the population or different groups within a society.

Income Mobility

The ability of individuals or households to move up or down the income distribution over a period of time.