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Residual income is A) excess income earned after budgeted income has been achieved. B) the excess of investment center income over the minimum return set
| Residual income is | |
| A) | excess income earned after budgeted income has been achieved. |
| B) | the excess of investment center income over the minimum return set by management. |
| C) | a percentage of income received by an organization for its participation in a joint venture. |
| D) | income beyond the breakeven point determined by the product's lifecycle. |
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