Multiple Choice
A measure frequently used to evaluate the performance of the manager of an investment center is
A) the amount of profit generated.
B) the rate of return on funds invested in the center.
C) the percentage increase in profit over the previous year.
D) departmental gross profit.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: Las Sendas Inc. had average operating assets
Q41: The Real Estate Products Division of
Q42: Smart Manufacturing budgeted costs for 50000
Q43: Cost centers profit centers and investment centers
Q44: A department has budgeted monthly manufacturing overhead
Q46: In the Goblette Manufacturing Company indirect labor
Q47: Which responsibility centers generate both revenues and
Q48: A flexible budget can be prepared for
Q49: A manager of a cost center is
Q50: All of the following statements are correct