True/False
The major shortcoming of using income from operations as an investment center performance measure is that,it ignores the amount of assets invested in each center.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: Responsibility accounting reports for profit centers will
Q18: The rates at which services are charged
Q28: The amount of details presented in a
Q41: Assume that Division X has generated sales
Q42: Income from operations of the Commercial Aviation
Q43: The excess of divisional income from operations
Q44: Which one of the following is not
Q48: The major advantage of residual income as
Q50: Which type of organization would be most
Q203: Controllable expenses are those that can be