menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 24: Performance Evaluation for Decentralized Operations
  5. Question
    The Major Advantage of Residual Income as a Performance Measure
Solved

The Major Advantage of Residual Income as a Performance Measure

Question 190

Question 190

True/False

The major advantage of residual income as a performance measure is that it gives consideration to not only a minimum rate of return on investment but also the total magnitude of income from operations earned by each division.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q58: The profit center income statement should include

Q103: The DuPont formula uses financial information to

Q120: Purchase requisitions for Purchasing and the number

Q185: ABC Corporation has three service departments with

Q188: A responsibility center in which the department

Q189: The underlying principle of allocating operating expenses

Q191: ABC Corporation has three service departments with

Q192: Income from operations for Division Z is

Q193: The Western Division of Bestboot Company has

Q195: Division A of Mocha Company has sales

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines