Question: 1 ) Which statement about controllability is false: A ) few costs are clearly under the sole influence of one manager B ) holds managers
Which statement about controllability is false:
A few costs are clearly under the sole influence of one manager
B holds managers responsible for uncontrollable costs
C with a long enough time span, all costs will come under somebody's control
D describes the degree of influence that managers have over a particular item
All of the following are ways to calculate different versions of ROI except:
AOperating IncomeRevenues x RevenuesTotal Assets
B Return on sales x investment turnover
C IncomeInvestments
D RevenuesTotal Assets
A company which favors the residual income approach to financial performance evaluation
wants managers to concentrate on maximiaing:
A an absolute amount of dollars in excess of the targeted income
B a percentage return in excess of the cost of capital
C the investment turnover ratio
D return on sales
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