QUESTION 26 For which responsibility centers would the performance reports contain budgeted and actual information on both revenues and costs? OA Revenue centers OB Proft centers OC Sensitivity centers OD. Cost centers

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 48P: (Appendix 11A) Balanced Scorecard The following list gives a number of measures associated with the...
icon
Related questions
icon
Concept explainers
Question
QUESTION 26
For which responsibility centers would the performance reports contain budgeted and actual information on both revenues and costs?
O A Ravenue centers
O B. Profit centers
OC. Sensitivity centers
OD. Cost centers
QUESTION 27
To evaluate the financial performance of an investment center, a firm needs to measure:
Operating income and the use of the centers assets
OB.
Customer satisfaction and market share
OC Generation of sales revenues and control of administrative expenses
Manufacturing efficiency and product defect rate
Transcribed Image Text:QUESTION 26 For which responsibility centers would the performance reports contain budgeted and actual information on both revenues and costs? O A Ravenue centers O B. Profit centers OC. Sensitivity centers OD. Cost centers QUESTION 27 To evaluate the financial performance of an investment center, a firm needs to measure: Operating income and the use of the centers assets OB. Customer satisfaction and market share OC Generation of sales revenues and control of administrative expenses Manufacturing efficiency and product defect rate
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Budgeting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College