Which of the Following Would Be an Appropriate Alternative to the Use

question 155

Multiple Choice

Which of the following would be an appropriate alternative to the use of ROI in evaluating the performance of an investment center?

• A) yes yes yes
• B) no yes no
• C) yes no no
• D) yes no yes

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Definitions:

Closing Balance

The amount of money in an account at the end of a period, after all transactions have been accounted for.

Bank Account

A financial account maintained by a bank or another financial institution in which the deposits, withdrawals, and balances of a customer are recorded.

Maturity Value

The sum owed to an investor at the conclusion of a fixed-duration investment, encompassing both the original amount invested and the accrued interest.

Promissory Note

A financial instrument constituting a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.