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Consider the following statements I. Residual income facilitates goal congruence II. One benefit of residual income is that it can be used to compare the

Consider the following statements

I. Residual income facilitates goal congruence

II. One benefit of residual income is that it can be used to compare the performance of different-sized investment centers.

III. To evaluate a division manager's performance the income calculation for ROI should be based on profit margin controllable by the segment manager.

Which of the following is (are) true ?

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