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Help Save & Ext What amount of cash must be invested today in order to have $46,000 at the end of one year assuming the rate of return is 7%? Use Appendix Table Multiple Choice $42.991 $42,780 $32,200 Which of the following is a benefit associated with budgeting? Multiple Choice Enhances performance measurement The ability to take corrective action to improve performance All of the answers are correct Promotes planning and coordination Which of the following statements regarding profit centers is correct? Multiple Choice A manager of a profit center has more responsibility than a manager of an investment center A manager of profit center is evaluated only on his/her ability to control costs. A manager of a profit center is evaluated on his/her ability to control costs and generate revenues. A manager of a profit center is responsible for assets, liabilities, and earnings