Return on Investment (ROI) Is the Most Widely Used Measure

question 12

Multiple Choice

Return on investment (ROI) is the most widely used measure of performance in what responsibility center?

• A) revenue center
• B) expense center
• C) investment center
• D) profit center
• E) standard cost center

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Definitions:

Health Coverage

Insurance that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured.

Inductive Reasoning

A reasoning method where several assumptions, considered or proven to be true frequently, are merged to reach a particular conclusion.

Deductive Reasoning

A logical process where conclusion is based on the concordance of multiple premises that are generally assumed to be true.

Abductive Reasoning

A form of logical inference that begins with an observation or set of observations then seeks to find the simplest and most likely explanation.