Variable costing is utilized to evaluate the performance of
a. investment centers.
b. revenue centers.
c. discretionary cost centers.
d. profit centers.
D
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Bonds issued with a provision that they may be called for redemption before the date of maturity are called convertible bonds
a. True b. False Indicate whether the statement is true or false
What happens when the fair value of long-lived assets change?
Capacity constraints in the service industry can take the form of ______
a. shortage of customer orders b. shortage of skilled workers c. excess capacity d. idle resources
Which of the following is the correct expression for calculating the future value of an investment? (r represents the interest rate and n represents the length of time)
A. Future value = Present value × (1 + r)n B. Future value = Present value + (1 + r)n C. Future value = Present value - (1 + r)n D. Future value = Present value / (1 + r)n E. Future value = Present value / [(1 + r) × n]