Which of the Following Might You Expect to See Being

question 54

Multiple Choice

Which of the following might you expect to see being used as a performance measure for a profit centre?

• A) Return on investment
• B) Actual business unit profit compared with budget business unit profit
• C) Standard cost variances
• D) Both return on investment AND standard cost variances

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Definitions:

Long-Term Memory

A type of memory capable of storing a large amount of information for potentially unlimited duration, including facts, experiences, and skills.

Short-Term Memory

The part of the memory system where information is stored for a brief period, typically from a few seconds to a minute.

Memory Recall

The process of retrieving information from the past, which can be consciously remembered such as facts, events, and experiences.

Short Answer

A type of question or prompt that requires a brief and specific response, often used in exams or interviews.