Examlex
What is the primary purpose for using a responsibility accounting system?
ROI
Return on Investment, a measure used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.
Controllable Margin
The portion of income that can be directly controlled or influenced by management decisions, often excluding fixed costs.
Operating Assets
Assets used in the day-to-day operations of a business, contributing to its ability to generate income.
Contribution Margin
The amount remaining from sales revenue after variable production costs have been deducted, contributing to covering fixed costs.
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