Performance Reports to Various Cost Center, Profit Center, and Investment

question 8

Multiple Choice

Performance reports to various cost center, profit center, and investment center managers are usually sent by?

• A) the controller
• B) the treasurer
• C) the managerial reporting officer
• D) the budgeting department

---

Definitions:

Social Comparison

The process of evaluating oneself against the standards and abilities of others.

Net Income

Net Income is the total profit of a company after all expenses and taxes have been deducted from total revenue.

Dividends

Dividends refer to the distributions of a portion of a company's profits to its shareholders, made by the corporation.

Pledges Receivable

Commitments made by donors to give a specific amount of money to an organization over a set period, recognized as receivables in accounting.