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Assignment
Both financial information and non-financial information are used to measure performance for product lines, divisions, and individuals associated with the business. Reflect on using financial information to evaluate performance for a business segment and a manager in charge of a business segment.
Questions
Accounting was developed to record and summarize transactions and for control purposes. How is accounting used today, other than for its original intent? Is financial information a good tool for performance evaluations (individual and organizational)? If so, do you advocate a specific format? If not, what do you suggest?
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