The Following Is a Measure of a Manager's Performance Working

question 164

Multiple Choice

The following is a measure of a manager's performance working in a cost center.

• A) budget performance report
• B) rate of return and residual income measures
• C) divisional income statements
• D) balance sheet

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Definitions:

Venture Capital

Financing that investors provide to startup companies and small businesses believed to have long-term growth potential.

Start-up Firms

Newly established businesses, often in the early stage of development and research of their products or services.

Retained Earnings

The portion of a company's profits that is held or retained and not paid out as dividends to shareholders, often reinvested in the business.

Intrapreneurs

Employees within a company who are assigned to work on a special idea or project and are given the freedom to develop the project as an entrepreneur would.