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Which of the Following Is NOT Mentioned in the Textbook

question 135

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Which of the following is NOT mentioned in the textbook as a traditional financial control measure that managers might employ in the monitoring and measuring of organisational performance?


Definitions:

Liabilities

Measurable obligations resulting from a past transaction; they are expected to be settled in the future by transferring assets or providing services.

Return On Assets

A profitability ratio that indicates how efficiently a company uses its assets to produce profit, calculated by dividing net income by total assets.

Net Profit Margin

A financial performance metric that shows the percentage of sales that has turned into profits, calculated by dividing net profit by revenue.

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