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    Introduction to Management Accounting Study Set 3
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    Exam 10: Management Control in Decentralized Organizations
  5. Question
    Residual Income Is Defined As
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Residual Income Is Defined As

Question 67

Question 67

Multiple Choice

Residual income is defined as:


A) sales less expenses
B) net income less "imputed" interest
C) the same as ROI
D) income divided by revenue

Correct Answer:

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