Division a Reported Income from Operations of $975,000 and Total

question 139

Multiple Choice

Division A reported income from operations of $975,000 and total service department charges of $675,000. As a result,

• A) net income was $300,000
• B) the gross profit margin was $300,000
• C) income from operations before service department charges was $1,650,000
• D) consolidated net income was $300,000

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Definitions:

Balanced Scorecard

A strategic planning and management system that organizations use to communicate what they aim to accomplish, align day-to-day work with strategy, prioritize projects, and measure and monitor progress.

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A global index that tracks the performance of the world's leading companies in terms of economic, environmental, and social criteria.

Sustainability

The practice of maintaining processes or states in a way that does not deplete the resources used.

Strategy Map

A visual tool that illustrates how an organization plans to achieve its strategic objectives.