24. All of the divisions of Ace Company are investment centers. Which of the following divisions performed the best? Division ROI 12% 15% 18% 20% Residual income $500,000 $300,000 Average assets used Net income $1,200,000 $10,000,000 $1,800,000 $12,000,000 $250,000 $220,000 900,000$5,000,000 $1,600,000 $8,000,000 Which of the following project(s) would the division undertake? A. Division A B. Division B C. Division C D. Division D 25. Tom is the manager of a division. Tom can make the following decisions: All decisions affecting revenues (pricing, sales promotion, etc.) All decisions affecting costs (purchasing, salary, etc.) No decisions about acquisition or sale of assets (buildings, equipment, trucks, etc.) Tom's division is a(n): A. Cost center B. Revenue center C. Profit center D. Investment center Tom is the sales manager. Tom's performance is evaluated based on sales revenue, not production costs. This evaluation method is not based on: 26. A. Controllability principle B. Responsibility accounting C. Management by exception 27. Which of the following is an advantage of decentralization? A. Improved decisions and quicker responses to the market B. Top manager's focus on day-today decisions C. Better coordination among different segments D. Goal congruence among different segments