Matching
Several descriptions of responsibility centres are listed below (1-5). Match each description with a type of responsibility centre (A-D) AND with a potential performance measure (I-V). Each numbered item has only one correct answer from each list. Each lettered item may be used once, more than once, or not at all. Each Roman numeral item may be used only once.
Premises:
The Cruise Booking Department of All-Ways Travel manages group reservations of twenty passengers or more. Its costs are largely fixed and determined by the travel agency manager.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
MND Corporation's Research and Development Department investigates new products and processes to increase organizational profits.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Facilities Management Department of CPP Corporation handles office cleaning and grounds maintenance.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Electronics Department of ESale.com, an Internet retail company, sells small electronics and sets its own product prices.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Franklin Toy Company's Irish Division manufactures toys and is responsible for developing new lines of toys and games, including toys that use new technologies.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Responses:
Profit centre
Cost centre
Revenue centre
Investment centre
Correct Answer:
Premises:
Responses:
The Cruise Booking Department of All-Ways Travel manages group reservations of twenty passengers or more. Its costs are largely fixed and determined by the travel agency manager.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
MND Corporation's Research and Development Department investigates new products and processes to increase organizational profits.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Facilities Management Department of CPP Corporation handles office cleaning and grounds maintenance.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Electronics Department of ESale.com, an Internet retail company, sells small electronics and sets its own product prices.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Franklin Toy Company's Irish Division manufactures toys and is responsible for developing new lines of toys and games, including toys that use new technologies.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Premises:
The Cruise Booking Department of All-Ways Travel manages group reservations of twenty passengers or more. Its costs are largely fixed and determined by the travel agency manager.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
MND Corporation's Research and Development Department investigates new products and processes to increase organizational profits.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Facilities Management Department of CPP Corporation handles office cleaning and grounds maintenance.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
The Electronics Department of ESale.com, an Internet retail company, sells small electronics and sets its own product prices.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Franklin Toy Company's Irish Division manufactures toys and is responsible for developing new lines of toys and games, including toys that use new technologies.
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Potential Performance Measures
I.Budgets and variances
II.Inventory turnover
III.Number of new products or processes introduced
IV.Return on investment
V.Revenue per passenger
Responsibility Centre Types
Responses:
Related Questions
Q67: Clark and Lana are product managers at
Q68: Horse Stables Inc. has operations in Edmonton
Q69: Why should executive compensation in public companies
Q70: Centralized organizations may decide to decentralize their
Q71: Delta Division had the following results for
Q72: Use appropriate information from the list below
Q73: Two divisions of Interspatial Company report summary
Q74: The manager in a cost centre is
Q75: Indicate whether each item listed below is
Q76: (CMA)The segment operating margin less imputed (estimated)interest
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents