Budgets can be used to evaluate managerial performance in: $\begin{array}{llcc}
\text { I } & \text { Cost centres} \
\text { II } & \text { Profit centres } \
\text { III } & \text { Investment centres } \
\end{array}$

A) II only
B) I and II only
C) II and III only
D) I, II, and III

Question

Budgets can be used to evaluate managerial performance in: $\begin{array}{llcc}
 \text { I } &    \text { Cost centres} \
 \text { II } & \text { Profit centres } \
 \text { III } & \text { Investment centres } \
\end{array}$

A) II only
B) I and II only
C) II and III only
D) I, II, and III

Quizplus · Accepted Answer

Budgets are a key tool in evaluating managerial performance across different types of centers: cost centers (where the focus is on controlling costs), profit centers (which are evaluated based on their profitability), and investment centers (which are assessed based on their return on investment).

Budgets Can Be Used to Evaluate Managerial Performance In A) II Only B) I and II Only C) II

Budgets Can Be Used to Evaluate Managerial Performance In A) II Only
B) I and II Only
C) II