An organizational segment that is responsible for costs and revenues is known as: financing center. profit center. cost center. an investment center. AII of the following are false about transfer pricing except: using negotiated transfer pricing is always the best approach. the cost approach can base the transfer price on either the variable cost or full absorption cost. using the cost approach is always the best approach. companies should always use the selling division's variable cost as the transfer price. Which of the following statements is true regarding the use of the operating profit margin as a performance measure? It includes the assets that produced the income. It ignores the assets that produced the Income. It is calculated as net income divided by sales. It is calculated as sales divided by operating income Dillon requires a minimum return on its Investments of 25%. Dillon Company has the following Information available for one of Its divisions: Average operating assets $4,000,000 Sales $4, 800,000 Return on investment (ROI) 30% Based on this Information, what is the division's asset turnover (rounded to two decimal places)? 2.78 0.83 4.00 1.20 lf decisions within a company are made by top management at headquarters, which of the following terms best describes this company? cost center. decentralized organization. centralized organization. investment center