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Leslie is participating in an experiment in which she presses the spacebar on a computer keyboard in order to see one word of a sentence at a time. Her reaction time to process each individual word is measured. This procedure is an example of a
Transfer Price
The price at which goods and services are sold between divisions within the same company.
Responsibility Centers
Units or departments within an organization, each accountable for its own activities and financial results.
Investment Center
An investment center is a business unit within an organization that has control over its revenues, expenses, and investments, and is evaluated based on its return on investment.
Franchise Fee
An initial payment made by a franchisee to a franchisor for the rights to use the franchisor's brand, system, and ongoing support.
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