All of the following are financial objectives of responsibility centres EXCEPT
A) operations budgets.
B) profit targets.
C) customer satisfaction.
D) return on investment.
Correct Answer:
Verified
Q15: A well-designed management control system ignores nonfinancial
Q17: It is common in Canadian companies to
Q20: An investment centre's success is measured only
Q21: Exertion toward a goal or objective, including
Q23: The drive for some selected goal that
Q24: Which of the following is NOT a
Q25: A responsibility centre whose success is measured
Q26: Goal congruence exists when individuals aim at
Q26: The first step in designing a management
Q27: Profit centres
A) have responsibility for controlling costs
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