COST ACCOUNTING
RESPONSIBILITY ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The basic objective of the residual income approach to performance measurement and evaluation is to have a division maximize its
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Cash Flows
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Return on investment rate
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imputed interest rate charge
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Income in excess of a desired minimum return
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Explanation:
Detailed explanation-1: -net operating income in excess of. The basic objective of the residual income approach to performance measurement and evaluation is to have a division maximize its: return on investment (ROI).
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