Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Business Arithmetic

Question:
____ is a true measure or indicator of how 'own money' is being used:
Options:
ROI
ROE
EOQ
ABC
Correct Answer:
ROE
Explanation:
For a true measure of how ―own money‖ is being used, ROE is a good indicator. ROI, on the other hand, gives an indication of how the ―total money‖ is being used.