Residual income is the
a. contribution margin of an investment center, less the imputed interest on the invested capital used by the center.
b. contribution margin of an investment center, plus the imputed interest on the invested capital used by the center.
c. income of an investment center, less the imputed interest on the invested capital used by the center.
d. income of an investment center, plus the imputed interest on the invested capital used by the center.
C
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Reasonable inaccuracies of accounting for an entity, short of its complete life span, are accepted
Indicate whether the statement is true or false
American firms contribute to reverse brain drain from the U.S. by
A. outsourcing knowledge work, which pulls talent back to the home country. B. hiring globally. C. encouraging their best U.S. researchers to accept foreign postings. D. terminating foreign workers.
Generally accepted methods of accounting for a change in accounting principle include
A. restating prior years' financial statements presented for comparative purposes. B. including the cumulative effect of the change inĀ current periodĀ net income. C. prospective changes. D. making a prior period adjustment.
Which layer in an OSI data communication networking model ensures that the entire message sent from a sender to a receiver has been delivered?
A) session layer B) presentation layer C) transport layer D) network layer