The Performance Evaluation of a Profit Center Is Typically Based

question 57

Multiple Choice

The performance evaluation of a profit center is typically based on its

• A)segment margin.
• B)static budget variance.
• C)return on investment.
• D)return on assets.

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Definitions:

Ideology

A system of ideas, beliefs, values, and ideals that constitutes one's goals, expectations, and actions, often associated with political parties or social movements.

Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group, encompassing language, religion, cuisine, social habits, and more.

American Expansionism

This refers to the historical movement and ideology aimed at extending the territorial, political, and economic influence of the United States across the North American continent and beyond.

Imperialism

A policy or practice by which a country increases its power by gaining control over territories directly or through political and economic influence.