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    Management Accounting Study Set 1
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    Exam 13: Management Control Systems, the Balanced Scorecard, and Responsibility Accounting
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    A Responsibility Centre Whose Success Is Measured Not Only by Its
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A Responsibility Centre Whose Success Is Measured Not Only by Its

Question 77

Question 77

Short Answer

A responsibility centre whose success is measured not only by its income, but also by relating that income to its invested capital, as in a ratio of income to the value of the capital employed.

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