Briefly Describe at Least Two Indicators That Can Be Used

question 186

Essay

Briefly describe at least two indicators that can be used to distinguish whether a seller is a principal or an agent according to GAAP.

Apply the concept of investment turnover and its impact on return on investment.

Distinguish between investment centers, profit centers, and cost centers.

Calculate and interpret residual income.

Understand the concept of transfer pricing and its approaches.