An investment center is a profit center where management can make related capital investment choices.
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Q6: Performance margin is equal to controllable fixed
Q8: Profit centers generate revenues and costs.
Q8: An accounting system designed to measure the
Q9: Responsibility margin is useful in evaluating the
Q10: The contribution margin approach to preparing reports
Q12: A cost that is directly traceable to
Q14: All costs become traceable at some level
Q15: Traceable fixed costs usually cannot be eliminated
Q18: One purpose of a responsibility accounting system
Q20: If a business activity qualifies as a
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