In which year did Robert Hamilton publish his book on profit less a capital charge?
A1777
B1690
C1890
D1929
Answer & Solution
Correct answer: A. 1777
Hamilton published An Introduction to Merchandize in 1777 in Edinburgh, early support for charging for funds used.
Keep practising Strategic Performance Measures
Browse all Strategic Performance Measures questions for CA Final, or explore more Cost and Management Accounting topics.
Related questions
Which framework manages the implementation of corporate strategies?The performance prism considers the needs of whom?Value-based management puts whose interests first?How many drivers does the widely used shareholder value model have?Which is one of the seven shareholder value drivers?Who argued corporate strategy is tested by value created for shareholders?What is the first stage of the 12 stage benchmarking method?Which is a main cost of running benchmarking?