In the Context of Financial MIS Subsystems and Outputs,a _____

question 81

Multiple Choice

In the context of financial MIS subsystems and outputs,a _____ is an independent business unit that is treated as a distinct entity enabling its revenues and expenses to be determined and its profitability to be measured.

• A) cost center
• B) revenue center
• C) profit center
• D) sales center

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Definitions:

Return On Equity

Return on equity (ROE) measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.

Net Income

The company's net profit, calculated by subtracting all costs and taxes from its total income.

Shares Outstanding

The total number of shares of stock that have been issued by a company and are held by investors, including both public investors and company insiders.