Please provide all responses by typing. Please be very clear in your responses, and bold each step so it is very clear. Please only respond if you are confident in your response. Please provide all steps and show all work.

The options for each equation are:

• accountable
• cost
• cost centre
• flexible
• Investment
• residual income
• revenue

Choose the term or terms that most appropriately complete the following statements. The terms can be used more than once. for performance. and 1. A responsibility centre is any part of an organization for which a manager is 2. A profit centre is a business segment where the manager has control over 3. An investment centre manager is held responsible for the 4. IA is often evaluated using budget variances. 5. centre managers are responsible for initiating investment proposals. of the segment