Multiple Choice
If controllable margin is $300000 and the average investment center operating assets are $2000000 the return on investment is
A) .67%.
B) 6.66%.
C) 20%.
D) 15%.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q59: Certain budget reports are prepared monthly whereas
Q60: A master budget is most useful in
Q61: A cost center<br>A) only incurs costs and
Q62: Under management by exception which differences between
Q63: Managers are motivated to accomplish objectives if
Q65: Cadiz Co. uses flexible budgets to
Q66: Cyber Construction's manufacturing costs for August
Q67: Controllable margin is defined as<br>A) sales minus
Q68: Dixon Corporation evaluates its managers based on
Q69: A flexible budget can be prepared for