Three Measures of Investment Center Performance Are Operating Income, Return

question 180

True/False

Three measures of investment center performance are operating income, return on investment, and residual income.

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Definitions:

Committed

In finance, "committed" refers to a pledge or firm agreement to execute a financial transaction or investment.

Assigned

Allocated or designated to a particular task, position, or purpose.

Unassigned

Refers to funds, resources, or tasks not specifically allocated or designated for a particular purpose or to a particular entity.

Spendable

Refers to the amount of money that is available for use, not tied up in investments or savings.