Examlex
Which of the following is not a distinctive characteristic of advanced IT systems?
Average Operating Assets
The average amount of assets used during a period to generate operating income, useful in evaluating asset efficiency.
ROI
Return on Investment, a measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit divided by the cost of the investment.
Residual Income
Residual income is the income that exceeds the minimum rate of return or cost of capital, often used in performance measurement and executive compensation.
Operating Expenses
Costs associated with running a business's daily operations but not directly tied to production, including rent, utilities, and salaries.
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