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The Greenback-Labor Party:
Residual Income
The income that remains after deducting all required expenses and cost of capital from operating income.
Investment Centers
Segments within a company for which managers have responsibility over cost, revenue, and investment decisions.
Cost Center
A business segment whose manager has control over cost but has no control over revenue or investments in operating assets.
Responsibility Center
Any business segment whose manager has control over costs, revenues, or investments in operating assets.
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