Indicate Whether Each of the Following Statements Is True or False

question 125

Short Answer

Indicate whether each of the following statements is true or false.
Return on investment often is used to evaluate cost centers within a company.______
Return on investment measures a manager's ability to maximize earnings above a target level.______
To calculate residual income,a company must first set a target or desired return on investment.______
Residual income is stated as a dollar amount.______
Suboptimization occurs when a departmental or division manager seeks to maximize benefit for the company as a whole at the expense of his or her own best interest.______

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Definitions:

Cell Phone

A mobile phone is a handheld device capable of making and receiving calls via a radio frequency link as the user travels through a service area of the telephone.

Voice Mail

An electronic system that records messages from callers, allowing recipients to listen to the messages later.

E-Mailing Customers

The process of sending electronic messages to customers, typically for marketing, support, or communication purposes.

Salutations

Greetings used in communication to respectfully address or acknowledge someone.