Financial and Management Accounting

1: Assertion (A).ROI is the index to study management efficiency. Reason (R). Earning power in relation to total investment is measured by ROl.
A.
Both A and R are true and R is the correct explanation of A.
B.
Both A and R are true but R is not a correct explanation of A.
C.

A is true but R is false

D.

A is false but R is true.

 

Answer : B

Explanation :

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Option: A

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