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Residual Income
The net income an investment or project generates above the minimum required rate of return.
Required Rate Of Return
The minimum return an investor expects to achieve from an investment, given its risk level.
Responsibility Accounting
An accounting system that collects and reports planned and actual accounting information about the inputs and outputs of responsible parties.
Manager Control
The processes and procedures implemented by management to ensure that the organization's goals and objectives are achieved efficiently.
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