Use the Following Two Columns of Items to Answer the Matching

question 116

Short Answer

Use the following two columns of items to answer the matching questions below:
-CPI
A)includes financial statements, a letter summarizing the recent performance, and other company information
B)measure of inflation that represents consumer products
C)statement of a firm's assets, liabilities, and net worth
D)measures a firm's revenues, expenses, and earnings for a specific time

• A)includes financial statements, a letter summarizing the recent performance, and other company information
• B)measure of inflation that represents consumer products
• C)statement of a firm's assets, liabilities, and net worth
• D)measures a firm's revenues, expenses, and earnings for a specific time

---

Definitions:

Support Department Allocations

The process of distributing overhead costs from support or service departments to producing or operating departments based on their usage of those services.

Operating Income

Earnings before interest and taxes (EBIT), indicating the profitability from regular business operations.

Profit Center Manager

An individual responsible for managing a segment or division of a business that is treated as its own unit for the purpose of calculating its profitability.

Operating Income

A measure of a company's profitability from its core business functions, excluding non-operating income and expenses.