Indicate Whether Each of the Following Statements Is True or False

question 122

Short Answer

Indicate whether each of the following statements is true or false.
A responsibility accounting system is useful for controlling operations but not for evaluating the performance of managers.______
Return on investment is usually calculated by dividing operating income by operating assets.______
Many businesses use the return on investment of departments and other segments in deciding how to allocate resources within the company.______
The use of return on investment to allocate resources within an organization is unlikely to motivate segment managers to improve performance.______
Return on investment for a division should be calculated based on factors the division manager can control.______

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Definitions:

Communication Channels

The mediums through which information is transmitted from one entity to another, including verbal, non-verbal, and digital pathways.

Diffusion of Innovations

Refers to the process through which new ideas, practices, or products spread within a society or from one society to another.

Strategic Planning

The process by which an organization defines its strategy or direction and makes decisions on allocating its resources to pursue this strategy.

Roadmap

A strategic plan that outlines a route or direction for a project or process, often highlighting key milestones.