Indicate Whether Each of the Following Statements Is True or False

Indicate whether each of the following statements is true or false:
_____ a) A responsibility accounting system is useful for controlling operations but not for evaluating the performance of managers.
_____ b) Return on investment is usually calculated, Contribution Margin/Operating Assets.
_____ c) Many businesses use the return on investment of departments and other segments in deciding how to allocate resources within the company.
_____ d) The use of return on investment in allocating resources within an organization may motivate segment managers to improve performance.
_____ e) Return on investment for a division should be calculated based on factors the division manager can control.

Correct Answer:

Verified

a) False
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