A Profit Center Manager Should Be Evaluated by

question 29

Multiple Choice

A profit center manager should be evaluated by

• A)Examination of actual costs against budgeted costs.
• B)A review of both revenues and expenses,with a focus on operating income.
• C)How well assets have been used to generate income.
• D)None of these answer choices are correct.

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Definitions:

Central Executive

A component of working memory model that is responsible for directing attention and coordinating cognitive processes during complex tasks.

Chunking

Organizing items into familiar, manageable units; often occurs automatically.

Sensory Memory

The immediate, very brief recording of sensory information in the memory system.

Atkinson-Shiffrin

A model of memory proposed by Richard Atkinson and Richard Shiffrin in 1968 that describes memory in terms of three stores; sensory, short-term, and long-term memory.