After Suharto, Who Allegedly Acquired $73 Billion During His 32

question 1

Multiple Choice

After Suharto, who allegedly acquired $73 billion during his 32 years as president of Indonesia, was forced out of office in 1998, he and his family:

• A) had warrants for their arrest issued by an international court for defrauding their government
• B) were bankrupt
• C) were believed to have still been in control of some $15 billion
• D) asked for political refugee status in several western countries, including the U.S.

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Definitions:

Cost Center

A department or unit within an organization that does not directly generate revenue but incurs costs, used for budgeting and cost control.

Control Costs

Efforts and measures implemented to monitor and manage expenses to ensure they align with budgetary constraints and financial goals.

Cost Center Evaluation

The process of analyzing the performance and efficiency of a department or unit within an organization that does not directly generate revenue.

Controllable Margin

The amount of profit or contribution margin that a manager can directly influence by controlling costs and generating revenues.