Identify and Describe the Five Different Responsibility Centers,and Provide One

question 54

Essay

Identify and describe the five different responsibility centers,and provide one example of each.

Recognize and correct errors in Excel worksheet.

Understand how to select and manipulate cells and cell content in Excel.

Learn the distinction between absolute and relative cell references and their applications.

How to use specific Excel functions for summarizing, finding minimum or maximum values.

---

Definitions:

Net Present Value

A method used in capital budgeting to assess the profitability of an investment or project, calculated by discounting all expected future cash flows to the present value.

Market Value

The present cost set for assets or services to be traded in the marketplace.

Investment Criteria

The guidelines or metrics used by investors or managers to assess the attractiveness of an investment or project.

Shareholders' Interests

The stakes or claims that individuals or entities holding shares in a company have in terms of dividends, voting rights, and share in residual assets.