Which of the Following Statements BEST Describes the Responsibilities of the Head

question 148

Multiple Choice

Which of the following statements BEST describes the responsibilities of the head of an investment center?

• A) He or she is mainly responsible for controlling costs.
• B) He or she is responsible for maximizing income and using assets efficiently.
• C) He or she is responsible chiefly for achieving as much operating income as possible.
• D) He or she is responsible solely for the efficient and productive use of invested assets.

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Definitions:

Model Airplanes

Miniature replicas of airplanes designed either for collecting or as a hobby to assemble, often used in the context of model building or flying.

Valued

Appreciated or considered of high worth, especially in a monetary or material sense.

Housing Prices

The amount of money required to purchase residential properties, which can fluctuate based on supply, demand, and economic conditions.