In an Investment Center, the Manager Has Responsibility and Authority

question 89

Multiple Choice

In an investment center, the manager has responsibility and authority for making decisions that affect

• A)costs only
• B)revenues only
• C)assets only
• D)costs, revenues, and assets

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Definitions:

Political Incentive

A reason or motivation based on political goals or outcomes, influencing the actions of politicians or governments.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s to help recover from the Great Depression.

Great Depression

A severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.