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ROI,residual Income,and Economic Value Added All Represent Performance Measures That

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ROI,residual income,and economic value added all represent performance measures that can be utilized to determine investment center performance.


Definitions:

Business Days

Refers to the standard days in a week (excluding weekends and public holidays) considered as working days for conducting business.

Deposit

A sum of money placed in an account or given as security for a financial transaction or agreement.

Checking Account

A bank account that allows the holder to write checks, use electronic debit, and make deposits, meant for frequent transactions.

Improperly Dishonors

Refers to the situation where a financial institution wrongfully refuses to accept a valid check or draft presented for payment.

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