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Which of the Following Is an Example of Nonfinancial Performance

question 170

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Which of the following is an example of nonfinancial performance measure?


Definitions:

GAAP

Generally Accepted Accounting Principles; a collection of standardized guidelines and practices for financial accounting used in a particular jurisdiction.

Historical Cost

The original monetary value of an asset or investment at the time of its acquisition.

Market Value

The current price at which an asset or service can be bought or sold in a vibrant market.

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