QUESTION 17 A responsibilly center in which the department manager has responsibility for and authority over revenues and costs is a: a. cost center b. Investment center DC volume center d. profit center QUESTION 18 ABC Company has $495,000 invested in assets, sales of $660,000, income from operations amounting to $99,000, and a desired minimum rate of return of 15%. The rate of return on investment (ROI) for ABC Company is: Ca. 16% b. 20% 15% d. 18% QUESTION 19 True Corporation has $1,000,000 in invested assets, sales of $550,000, income from operations amounting to $175,000, and a desired minimum rate of return of 15% The residual income for True Corporation is: a 60,000 b.$25,000 15,000 d. $150.000