ROI Is a Performance Measure,which Uses Information Only from a Company's

question 38

True/False

ROI is a performance measure,which uses information only from a company's income statement.

---

Definitions:

Company Books Adjustment

The act of making entries or corrections to the financial records of a business to reflect accurate and up-to-date accounting information.

Safe Deposit Box

A secure container, usually found at a bank, where customers can store valuable personal items.

Bank Statement Adjustment

The process of modifying the balance on a bank statement to reflect transactions that have not been recorded by the bank by the end of the reporting period.

Company Books Adjustment

The process of altering entries in the accounting records to reflect more accurate figures or to record unrecorded transactions.