From the List Below,the Best Financial Performance Measure for a Profit

question 17

Multiple Choice

From the list below,the best financial performance measure for a profit centre would be:

• A) cash inflows less cash outflows.
• B) budgeted income less actual income.
• C) budgeted costs less actual costs.
• D) economic value added.

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Definitions:

Death Rate

The ratio of deaths to the population of a particular area during a certain time frame, often expressed per 1000 individuals per year.

Ecological Term

A concept or phrase used to describe an aspect of ecology, the branch of biology that studies the interactions among organisms and their environment.

Grouping Together

The act of forming or assembling into a group or cluster, typically for mutual benefit or a common purpose.

Neither Benefits Nor Harms

A neutral interaction in which one party is neither positively nor negatively affected by the other.