Examlex
Which of the following accounts might be placed first in a journal entry?
Departmental Contribution
The amount of income earned by a specific department after direct costs associated with the department have been subtracted.
Overhead
The ongoing administrative, general, and maintenance expenses incurred during the production process, not including direct labor or materials costs.
Profit Centers
Parts of an organization that are responsible for generating revenue and evaluated based on their profitability.
Return on Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated as net profit divided by the cost of the investment.
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