Which of the following is the correct formula for calculating residual income?
A) Weighted average cost of capital - Net operating profit after tax
B) Operating income - Minimum acceptable operating income
C) Historical cost of assets - Accumulated depreciation
D) Operating income / Average assets
B
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Large _____ might have many constituent LANs and MANs on different continents.
Fill in the blank(s) with the appropriate word(s).
A non clustered index creates a secondary B-Tree structure that speeds up searches
Indicate whether the statement is true or false
Statements on Standards for Tax Services are issued by
A) the SEC. B) the IRS. C) the AICPA. D) the FASB.
Which of the following is not a control over cash disbursements?
A. A check protecting machine should be used. B. Voided checks should be defaced and filed with paid checks. C. Documents supporting the payment of a disbursement should be canceled by the person preparing the check to prevent reuse. D. Disbursements should be made by check.