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    Managerial ACCT2
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    Exam 11: Decentralization, Performance Evaluation, and the Balanced Scorecard
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    When Defining Net Operating Income for Return on Investment (ROI)
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When Defining Net Operating Income for Return on Investment (ROI)

Question 28

Question 28

Multiple Choice

When defining net operating income for return on investment (ROI) purposes, which of the following items should not be included?


A) Sales revenue
B) Cost of goods sold
C) Interest expense
D) Salaries expense

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