Question

What type of measure is financial performance considered to be?

A Objective measure Correct Answer Incorrect Answer
B Quantitative measure Correct Answer Incorrect Answer
C Subjective measure Correct Answer Incorrect Answer
D Descriptive measure Correct Answer Incorrect Answer
E Comparative measure Correct Answer Incorrect Answer

Solution

Financial performance is a subjective measure of how well a firm can use assets from its primary mode of business and generate revenues. The term is also used as a general measure of a firm's overall financial health over a given period.

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