Multiple Choice
An evaluation of the performance of an investment centre is based on:
A) the economic return relative to the resources invested.
B) the gross profit of an investment.
C) a medium-term performance indicator.
D) the manager's manipulation of the financial performance of the investment.
Correct Answer:
Verified
Correct Answer:
Verified
Q31: If the investment turnover ratio changes from
Q32: The investment _ ratio measures the amount
Q33: A term for a division,segment or branch
Q34: A centre that is solely responsible for
Q35: Which of the following statements about the
Q37: An issue with using the original cost
Q38: Which of these is a disadvantage of
Q39: If return on investment is 12.5% and
Q40: Responsibility centres include cost centres,revenue centres,profit centres
Q41: Which of these is regarded as a