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Investment centres Select one: are solely evaluated on the rate of return earned on the funds invested. rarely generate revenues by selling products. generate a
Investment centres Select one: are solely evaluated on the rate of return earned on the funds invested. rarely generate revenues by selling products. generate a return on operating assets. are not often associated with product lines and subsidiary companies Clear my choice Which one of the following is true of a flexible budget? Select one: It is useful in controlling variable and fixed costs. It shows no differences between actual and budgeted amounts because it is prepared after the actual results are determined. It projects budget data at a pre-planned level of activity. It is prepared when managers are unsure of activity levels. a
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