Question
9. Which statement is false? 1) An ROI of 22% is better than an ROI of 18%. 2) Residual Income of $10,000 is better than
9. Which statement is false?
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| 1) | An ROI of 22% is better than an ROI of 18%. |
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| 2) | Residual Income of $10,000 is better than a Residual Income of $3,000. |
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| 3) | Residual Income of zero is acceptable. |
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| 4) | None of the above; all statements are true. |
10. An advantage of decentralized operations would be:
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| 1) | Allows managers closest to operations to make decisions. |
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| 2) | Allows managers to gain expertise. |
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| 3) | Helps retain quality managers. |
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| 4) | Improves customer relations. |
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| 5) | All of the above. |
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Fundamentals Of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
1st Edition
0072992573, 9780072992571
