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    Managerial Accounting Study Set 22
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    Exam 12: Decentralization and Performance Evaluation
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    Economic Value Added Is Residual Income Adjusted for
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Economic Value Added Is Residual Income Adjusted for

Question 83

Question 83

Multiple Choice

Economic value added is residual income adjusted for


A) noninterest-bearing current liabilities.
B) interest and the related tax effect.
C) financing costs that the manager is unable to control.
D) accounting distortions.

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