Return on Investment Is the Ratio of

question 80

Multiple Choice

Return on investment is the ratio of

• A)investment center income to invested capital.
• B)sales to net income.
• C)profit center revenues to assets invested.
• D)profit center revenues to profit center expenses.

---

Definitions:

Adjusted Balance

The result of adjusting the balance of an account to reflect any debits or credits that have been posted to the account.

Reconciling Information

The process of ensuring that two sets of records or accounts are in agreement, often involving identifying and explaining any discrepancies.

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those presented on a bank statement to ensure consistency.

Cash Balance Per Books

The amount of cash according to a company's financial records or accounting books.