menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Cost Management Study Set 2
  4. Exam
    Exam 15: Performance Evaluation and Compensation
  5. Question
    Residual Income Is
Solved

Residual Income Is

Question 88

Question 88

Multiple Choice

Residual income is


A) The same as return on investment
B) A nonfinancial measure of performance
C) Net operating income minus a required rate of return X average operating assets
D) Sales divided by net operating income

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: THN Corporation reported operating income of $30,000,

Q26: Responsibility accounting includes:<br>I. Monitoring primarily for mistakes<br>II.

Q41: Division S sold a part to both

Q74: Which of the following transfer pricing systems

Q83: Budgets can be used to evaluate managerial

Q84: How are research and development costs treated

Q86: ROI will decrease if<br>A) Sales increase<br>B) Investment

Q87: (CMA) Responsibility accounting defines an operating center

Q89: Return on investment cannot be used effectively

Q93: Investment center managers are held responsible only

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines