From the list below the best financial performance measure for a cost centre would be:
A) return on investment
B) residual income
C) budgeted costs less actual costs
D) economic value added
Correct Answer:
Verified
Q1: Which of the following statements regarding the
Q2: Which one of these perspectives is not
Q4: Which of these would not be a
Q5: The balanced scorecard framework implies that:
A)all of
Q6: A valid criticism of the balanced scorecard's
Q7: A centre that is solely responsible for
Q8: The appointment of managers responsible for the
Q9: When reporting on divisional performance,the format generally
Q10: If the profit margin is 12.5% and
Q11: In using the balanced scorecard,to which of
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