Investment Center Managers Are Usually Evaluated Using Performance Measures

question 181

Multiple Choice

Investment center managers are usually evaluated using performance measures

• A) that combine assets and capital.
• B) based on income only.
• C) that combine income and capital.
• D) based on assets only.
• E) that combine income and assets.

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Definitions:

Proprietorships

Proprietorships, or sole proprietorships, are businesses owned and operated by a single individual, with no legal distinction between the owner and the business entity.

Limited Liability

The liability of the owners of a corporation is limited to the value of the shares in the firm that they own.

Proprietorship

An unincorporated business firm owned by just one person.

Corporation

A legal entity that is separate from its owners, offering limited liability to its shareholders, and having the ability to enter into contracts, loan and borrow money, sue and be sued.