Return on Investment Is a Useful Measure to Evaluate the Performance

question 46

True/False

Return on investment is a useful measure to evaluate the performance of a cost center manager.

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Definitions:

Complex Fraction

A fraction in which the numerator, the denominator, or both contain fractions themselves.

Simplify

The process of expressing a mathematical expression in a more concise and understandable form, often by combining like terms or reducing fractions.

Combine

This refers to the process of joining two or more items together, often used in mathematics to sum similar terms.

Simplify

The process of altering an expression into its most basic or concise form, without changing its value.