Match each of the following with its appropriate term: A. Performance measures B. Profit center C. Responsibility
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Match each of the following with its appropriate term:
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A. Performance measures B. Profit center C. Responsibility accounting D. Revenue center E. Strategic plan F. Uncontrollable factors i. The decisions and outcomes over which a manager does not have control ii. That part of an organization in which management is evaluated based on the ability to generate revenues; the manager primarily has control only over revenues iii. The part of an organization in which management is evaluated based on the ability to generate profits because the manager has control over both revenues and costs iv. A broad vision of how a company will be in the future v. A system that collects and reports data for which a manager has responsibility vi. The metrics used to evaluate a specific attribute of a manager's role
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Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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