An important element in designing accounting-based performance measures is choosing the time horizon of the performance measures. Discuss. What are the factors involved in choosing the timing of the feedback in designing accounting-based performance measures?

These factors include different parameters of financial result

Explanation:

It is general belief that management's reliance on measures such as profit or return on capital lead to short-termism. This is a common management oversight in using financial results as a parameter of success at an accounting based performance management. Therefore, it is believed that this approach could be adjusted with the usage of non-financial parameters of result. Time horizon's frequency determination is a necessity when we discuss monitoring of project performances. Completion of project involves three phases:

Parameters like ROI, RI, EVA and ROS all evaluate one period of time, but may be adapted to track multiple time periods

in terms of experimental research, mcdonald’s charging different prices in the two cities relates to