Table 14-2 -Refer to Table 14-2

question 201

Multiple Choice

Table 14-2
$$\begin{array} { | c | c | } \hline \text { Year } & \begin{array} { c } \text { Real GDP (billions } \\\text { of 2000 dollars) }\end{array} \\\hline 2010 & \$ 10,100 \\\hline 2011 & 10,950 \\\hline 2012 & 11,425 \\\hline 2013 & 11,300 \\\hline\end{array}$$
-Refer to Table 14-2.Using the table above,what is the approximate growth rate of real GDP from 2012 to 2013?

• A)-2%
• B)-1%
• C)1%
• D)2%

Recognize the advantages and disadvantages of decentralization.

Distinguish between indirect and direct operating expenses.

Understand the principles of responsibility accounting and its role in organizational control.

Differentiate among cost centers, profit centers, and investment centers based on their scope of responsibility.

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