Which of the Following Statements Regarding Investment Centers Is Incorrect

question 54

Multiple Choice

Which of the following statements regarding investment centers is incorrect?

• A) A manager of an investment center is responsible for the investment of capital, but not revenues or expenses.
• B) Investment centers are commonly found at the higher levels of an organization chart.
• C) A manager of an investment center should be accountable for assets, liabilities, and earnings.
• D) Return on investment and residual income are tools used to assess managers of an investment center.

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