Examlex
_____ is the result of the calculation that divides income by revenue.
Return On Investment
A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of several different investments.
Investment Turnover
A measure of the efficiency of an entity in generating revenue from its investments, often calculated as sales divided by the average investment.
Activity Base
An activity base is a measure used in managerial accounting to allocate costs, based on activities that drive costs, as part of activity-based costing (ABC).
Service Departments
Departments within a company that support the primary operations but don't directly generate revenue.
Q34: Valdez Company has two service departments,
Q40: John Company's master budget sales were $225,000.Actual
Q60: _ should be used to allocate fixed
Q65: Variances are signals that actual operations are
Q75: The costing method that separates costs into
Q96: Sales forecasts are usually prepared under the
Q109: Managers may use the payback period as
Q113: The static budget variance is the variance
Q122: Duke Company has the following information:
Q123: Generally, the hardest part of making capital-budgeting