Multiple Choice
Which statement is true?
A) An investment center is responsible for revenues and expenses as well as earning a return on assets.
B) An investment center is only responsible for its investments.
C) An investment center is only responsible for revenues and expenses.
D) A profit center is evaluated using contribution margin while an investment center is evaluated using ROI.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: The linens department of a large department
Q5: Which of the following are financial measures
Q6: An investment center generated a contribution margin
Q7: Controllable margin is subtracted from controllable fixed
Q8: A cost center incurs costs and generates
Q10: Controllable margin is most useful for<br>A) external
Q11: The best measure of the performance of
Q12: Data concerning manufacturing overhead for Wilson Industries
Q13: Policies regarding when a difference between actual
Q14: In the formula for ROI idle plant