The Financial Performance of a Segment Manager Is Evaluated by ________

question 145

Multiple Choice

The financial performance of a segment manager is evaluated by ________.

• A) contribution margin of segment
• B) contribution margin of segment less fixed costs controllable by others
• C) contribution margin of segment less fixed costs controllable by segment manager
• D) contribution by segment

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Definitions:

Non-Interest-Bearing

A financial instrument or account that does not earn interest over time, implying that its value does not increase beyond the principal amount.

Promissory Note

A finance-related written assurance where one party obligates to pay the other a clearly defined monetary amount, either when required or at a particular future time.

Discounted

Refers to the process of determining the present value of a future amount of money or stream of cash flows given a specific rate.

TD Canada Trust

One of Canada's prominent banking and financial services providers, known for offering a wide range of personal and business banking solutions.