Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Feb 24, 2023

An investment centre is a responsibility centre where the manager has control over (A) Costs (B) Costs and profits (C) Costs, profits and product quality

An investment centre is a responsibility centre where the manager has control over

(A) Costs

(B) Costs and profits

(D) Costs, profits and assets

Step by Step Solution

★★★★★

3.50 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ray Garrison, Theresa Libby, Alan Webb

9th canadian edition

1259269477, 978-1259269479, 978-1259024900

More Books

Students also viewed these Accounting questions

Question

★★★★★

Product C is assembled from components D and E. Item D is made from item F and Item G. Item F is made from item J and item K. Item E is made from item H and item I. Item H is made from Item J. All...

Answered: 1 week ago

Question

★★★★★

A manager has compiled estimated profits for various capacity alternatives but is reluctant to assign probabilities to the states of nature. The payoff table is as follows: a. Plot the expected-...

Answered: 1 week ago

Question

★★★★★

A quality control supervisor has taken a sample of 16 bolts from the output of a thread-cutting machine and tested their tensile strengths. The results, in tons of force required for breakage, are as...

Answered: 1 week ago

Question

★★★★★

In the Edgeworth production box diagram, what conditions must hold for an allocation to be on the production contract curve? Why is a competitive equilibrium on the contract curve?

Answered: 1 week ago

Question

★★★★★

Does the asking price of a new car vary according to whether the dealership is in a small town, a city, or a suburban area? To test this question, a researcher randomly selects dealerships selling...

Answered: 1 week ago

Question

★★★★★

Net cash flows from operating activities were a. $12,000. b. $20,000. c. $24,000. d. $25,000. Comparative consolidated balance sheet data for Iverson, Inc., and its 80 percentowned subsidiary Oakley...

Answered: 1 week ago

Question

★★★★★

=+7. Are R rated movies as profitable as those rated PG-13? Heres scatterplot of USGross ($M) vs. Budget ($M) for PG-13 (green) and R (purple) rated movies 300 50 100 150 200 250 300 Budget ($M) 200...

Answered: 1 week ago

Question

★★★★★

Red Fire Inc. produces fire trucks. The company uses a normal job-order costing system to calculate its cost of goods manufactured. The company's policy is to price its job at cost plus 30% markup....

Answered: 1 week ago

Question

★★★★★

Intro Creminy, Inc. estimates revenue of $76,000, costs of $38,000, and depreciation of $14,000 related to a new project. The marginal tax rate is 34%. The project will require a capital expenditure...

Answered: 1 week ago

Question

★★★★★

Yolanda has the option of investing in two different mutual funds. The return in the random walk fund tends to fluctuate wildly, earning substantial positive returns one year only to realize negative...

Answered: 1 week ago

Question

★★★★★

8. Using (4.6), find the polynomial P2(x) that interpolates the following data. In each case, simplify (4.6) as much as possible. (a) {(0, 1), (1, 2), (2,3)} (b) f(0, 1), (1, 1), (2, 1)} Comment on...

Answered: 1 week ago

Question

★★★★★

11.7 A copper bar with a cross-sectional area of 1.5 in. is loaded as shown. What is the total change in length of the bar? Ec = 16 x 100 psi. Def=0.044 in 4 ft 10.000 lb 4000 lb - 8 ft PROB. 11.7

Answered: 1 week ago

Question

★★★★★

Divergent LTD is an investment company which owns a number of subsidiary companies. Each subsidiary produces a particular product or service. The subsidiary companies are grouped into three divisions...

Answered: 1 week ago

Question

★★★★★

A cylindrical casting of diameter 200 mm and height 100 mm is to be casted. From the previous observations it was found that to cast a shaft of 150 mm diameter and 500 mm length, the casting time is...

Answered: 1 week ago

Question

★★★★★

Illustrate a strategic timeline to obtain/maintain market penetration in 1 year. Illustrate a strategic timeline to increase production capacity in 3 years Illustrate a strategic timeline to market...

Answered: 1 week ago

Question

★★★★★

1 General triangles 1 General triangles 2 You are stuck in place P and there is a landmark (L) in your sight that is at an angle of 42 to a reference line as in the picture. You know that there is a...

Answered: 1 week ago

Question

★★★★★

Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June July Unit Sales 54,000 75,000 94,000 82,000 The company is...

Answered: 1 week ago

Question

★★★★★

The MIT Sloan School of Management is one of the leading business schools in the U.S. The following table contains the tuition data for the masters program in the Sloan School of Management. a. Use...

Answered: 1 week ago

Question

★★★★★

Problems experienced by Toyota Motor Corporation beginning in 2010 with accelerator pedals sticking and brakes malfunctioning in some of its vehicle models illustrate how important it is to identify...

Answered: 1 week ago

Question

★★★★★

Explain how a sales order, a production order, a job cost sheet, a materials requisition form, and a labour time ticket are involved in producing and costing products.

Answered: 1 week ago

Question

★★★★★

In deciding whether to replace an existing machine with a newer, more cost effective machine, the original cost of the existing machine should be compared to the cost of the new machine. Do you...

Answered: 1 week ago

Question

★★★★★

14. What are the functions of the prefrontal cortex?

Answered: 1 week ago

Question

★★★★★

12. Which lobe of the cerebral cortex includes the primary visual cortex?

Answered: 1 week ago

Question

★★★★★

Little Karla is with her mother at the docks waiting for her daddy to return from his naval deployment. While the boat is still a way out, her mother says, There is daddys boat. Karla is confused....

Answered: 1 week ago

Previous Question Next Question