Matching
Several descriptions of responsibility centres are listed below (1-5). Match each description with a type of responsibility centre (A-D) AND with a potential performance measure (I-V). Each numbered item has only one correct answer from each list. Each lettered item may be used once, more than once, or not at all. Each Roman numeral item may be used only once.
Premises:
The Cruise Booking Department of All-Ways Travel manages group reservations of twenty passengers or more. Its costs are largely fixed and determined by the travel agency manager.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
MND Corporation's Research and Development Department investigates new products and processes to increase organizational profits.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Facilities Management Department of CPP Corporation handles office cleaning and grounds maintenance.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Electronics Department of ESale.com, an Internet retail company, sells small electronics and sets its own product prices.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Franklin Toy Company's Irish Division manufactures toys and is responsible for developing new lines of toys and games, including toys that use new technologies.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Responses:
Profit centre
Cost centre
Revenue centre
Investment centre
Correct Answer:
Premises:
Responses:
The Cruise Booking Department of All-Ways Travel manages group reservations of twenty passengers or more. Its costs are largely fixed and determined by the travel agency manager.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
MND Corporation's Research and Development Department investigates new products and processes to increase organizational profits.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Facilities Management Department of CPP Corporation handles office cleaning and grounds maintenance.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Electronics Department of ESale.com, an Internet retail company, sells small electronics and sets its own product prices.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Franklin Toy Company's Irish Division manufactures toys and is responsible for developing new lines of toys and games, including toys that use new technologies.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Premises:
The Cruise Booking Department of All-Ways Travel manages group reservations of twenty passengers or more. Its costs are largely fixed and determined by the travel agency manager.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
MND Corporation's Research and Development Department investigates new products and processes to increase organizational profits.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Facilities Management Department of CPP Corporation handles office cleaning and grounds maintenance.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Electronics Department of ESale.com, an Internet retail company, sells small electronics and sets its own product prices.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Franklin Toy Company's Irish Division manufactures toys and is responsible for developing new lines of toys and games, including toys that use new technologies.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Responses:
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