How Is Performance Evaluated for a Cost Center

question 58

Multiple Choice

How is performance evaluated for a cost center?

• A) Actual costs incurred compared to budgeted costs.
• B) Actual segment margin compared to budgeted segment margin.
• C) Comparison of actual and budgeted return on investment (ROI) based on segment margin and assets controlled by the segment.
• D)None of the above.

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Definitions:

Racial Group

A classification of humans based on shared physical or social qualities into categories generally viewed as distinct within a given society.

Risk

The probability of an adverse event happening, affecting an individual's health, safety, or success.

Population

The total number of individuals inhabiting a particular area or forming a particular group.

Cortisol

A steroid hormone produced by the adrenal glands, often referred to as the "stress hormone" because its levels increase in response to stress.