Processes That Require Relatively Little Attention Are ___________;However,processes That Require

question 67

Multiple Choice

Processes that require relatively little attention are ___________;however,processes that require relatively large amounts of attention are ________.

• A)controlled;automatic
• B)encoded;stored
• C)stored;encoded
• D)automatic;controlled

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Definitions:

Net Operating Income

Net Operating Income is the total profit of a company after operating expenses are subtracted from operating revenues, excluding non-operating costs.

Residual Income

Income that remains after all operating expenses and costs of capital have been deducted from net operating income.

Profit Centre

A segment of a business that is responsible for both generating revenue and controlling costs, thereby directly influencing its own profitability.

Residual Income

Earnings generated beyond the minimum rate of return expected by a company or its investors, often used as a performance measure.