In evaluating the performance of a profit center manager, the manager
a. should only be evaluated on the basis of variable costs and revenues of the sub-unit.
b. should be evaluated on all costs and revenues that are controllabe by the manager.
c. and the sub-unit should be evaluated on the basis of same costs and revenues.
d. should be evaluated on all costs and revenues that can be directly traced to the sub-unit.
b
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You buy a bond for $1,000 today that promises interest of $50 in one year plus the return of your principal. However, the probability that the company will default and not pay you either interest nor repay your principal is 1 percent. The expected return on the bond is ____ percent.
A. 3.95 B. 4.00 C. 4.95 D. 5.00
The greatest risk of recording transactions in the incorrect period occurs during the roll-forward period
a. True b. False Indicate whether the statement is true or false
Geographic information systems enable retailers to see graphical depictions of trading-area characteristics for current, proposed, and competitor locations
Indicate whether the statement is true or false
Communication is the reciprocal process of exchanging messages designed to inform, __________, or instruct. Which of the following completes the statement?
A. Persuade D. Misdirect the audience B. Stimulate E. Create an image C. Divert attention