Asked by
diana villagomez
on Oct 23, 2024Verified
One disadvantage of non-financial measures is their inability to drive future financial performance.
Non-financial Measures
Indicators used to assess aspects of a business not directly related to monetary value, like customer satisfaction and employee morale.
Financial Performance
The measure of a company's operating results in terms of profit, revenue, and expenses, used to gauge its overall health and economic position.
- Acquire knowledge of the key limitations inherent in non-financial measurements.
Verified Answer
TD
Learning Objectives
- Acquire knowledge of the key limitations inherent in non-financial measurements.
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