Question

Which of the following is a responsibility that is common to the managers of cost, profit...

Which of the following is a responsibility that is common to the managers of cost, profit and investment centers?
Generating profits
Managing the invested capital
Generating revenues
Controlling costs


Companies in which owners or top executives make all of the planning directing and controlling decisions are what companies?
Formalized
Centralized
Segmented
Decentralized


The internal business perspective of the balanced scorecard is concerned with
Which business processes the company must excel in to meet expectations
How customers perceive the business and it’s products and services
The company’s ability to improve and create value
Whether investors and creditors view the company favorably



Homework Answers

Answer #1

Solution

1) Which of the following is a responsibility that is common to the managers of cost, profit and investment centers - Controlling Costs

Controlling costs is a responsibility that is common to the managers of cost, profit and investment centers.

2) Companies in which owners or top executives make all of the planning directing and controlling decisions are what companies – Centralized Company.

Centralized company is a company in which major planning and controlling decisions made by the top management.

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