Examlex
Which one of the following measures is frequently used to evaluate the performance of the manager of an investment centre, but NOT profit centres?
Natural Disasters
Natural disasters are severe and unexpected events caused by environmental factors that can cause significant damage and loss of life.
Debt Guarantees
Commitments made to cover the debt obligations of another party in case of payment default, typically provided by a parent company for its subsidiaries or a government for private enterprises.
Contingent Liability
A future financial liability that might occur based on the result of a particular event.
Contingent Liability
A potential financial obligation that may arise in the future, depending on the outcome of a specific event.
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