Question: 1 ) Which statement about controllability is false: A ) few costs are clearly under the sole influence of one manager B ) holds managers

1) 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
2) All of the following are ways to calculate different versions of ROI except:
A)(Operating Income/Revenues) x (Revenues/Total Assets)
B) Return on sales x investment turnover
C) Income/Investments
D) Revenues/Total Assets
3) 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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