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Indicate whether each of the following statements is true or false A. Return on investment often is used to evaluate cost centers within a company
Indicate whether each of the following statements is true or false
A. Return on investment often is used to evaluate cost centers within a company
B. Return on investment measures a managers ability to maximize earnings above a target level
C. To calculate residual income a company must first set a target or desired return on investment
D. Residual income is stated as a dollar amount
E. Suboptimization occurs when a department or division manager seeks to maximize benefit for the company as a whole at the expense of his or her own best interest.
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