A Segment Margin Income Statement Is a Measure of Performance

question 10

Multiple Choice

A segment margin income statement is a measure of performance in which type of responsibility center?

• A) Cost center
• B) Profit center
• C) Mail center
• D) Investment center

---

Definitions:

Attitude Relevance

The degree to which an individual's belief, feeling or behavior is connected or pertinent to their values, interests, or identity.

Mergers

The combination of two or more companies into a single entity, typically to enhance competitive positioning or expand market reach.

Consolidations

Combinations of two or more corporations where none of the original corporations continue to exist as a legal entity.

Asset Purchase

A type of business transaction where the buyer acquires specific assets and liabilities from the seller instead of buying the company's shares.