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    Financial and Managerial Accounting Study Set 11
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    Exam 24: Evaluating Decentralized Operations
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    The Excess of Divisional Operating Income Over a Minimum Acceptable
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The Excess of Divisional Operating Income Over a Minimum Acceptable

Question 148

Question 148

True/False

The excess of divisional operating income over a minimum acceptable operating income is termed the residual income.

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