Investment center managers are typically evaluated using performance measures that combine income and assets.
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Q21: Departmental income statements are prepared for operating
Q22: A useful measure used to evaluate the
Q23: No standard rule identifies the best basis
Q24: Joint costs can be allocated either using
Q25: Departmental contribution to overhead is the amount
Q27: A department's direct expenses are usually considered
Q28: A joint cost of producing two products
Q29: Return on investment is a useful measure
Q30: The process of preparing departmental income statements
Q31: No standard rule identifies the best basis
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