Economy, asked by allalokesh44, 8 months ago

Why are non-financial performance measures important for finance managers to measure company performance?

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Answered by Shreya2202

0

Answer:

Importance of Non-financial Performance Measures

Importance of Non-financial Performance MeasuresMost financial measures are lagging indicators, which means they reflect what has already happened. For example, revenue that a company earns from selling the product last year. Thus, management uses non-financial measures to get an idea of future financial performance.

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