Which of the following is a measure of a cost center manager's performance?
A) budget performance report
B) rate of return and residual income measures
C) divisional income statements
D) balance sheet

Question

Quizplus · Accepted Answer

A budget performance report is a measure of how well a cost center manager has managed their expenses relative to the budget they were given. It evaluates their ability to control costs, manage resources efficiently, and stay within the designated budget. Rate of return and residual income measures, divisional income statements, and balance sheets are more commonly used to measure the performance of profit center or investment center managers.

Which of the Following Is a Measure of a Cost