Asked by
Ahmed Idrees
on Oct 20, 2024
Verified
A useful measure used to evaluate the performance of an investment center is investment center residual income.
Investment Center
A business unit within a company that is responsible for generating its own revenue and profits, and it is evaluated based on its return on investment.
- Understand the use and significance of performance evaluation measures for investment, cost, and profit centers.
Verified Answer
SD
Learning Objectives
- Understand the use and significance of performance evaluation measures for investment, cost, and profit centers.
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