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:

Legacy

Something transmitted by or received from an ancestor or predecessor from the past.

World Community

A term referring to the international aggregation of nations and peoples, often used to highlight global cooperation and interdependence.

Cold War

A period of geopolitical tension between the Soviet Union and the United States, along with their respective allies, from the end of World War II in 1945 until the dissolution of the Soviet Union in 1991, characterized by propaganda, espionage, and proxy wars but avoiding direct military conflict.

Iran-Contra Scandal

A political scandal in the United States during the 1980s involving the clandestine sale of weapons to Iran to fund Contra rebels in Nicaragua, contrary to U.S. law.