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Home Q & A Board Other Fields Homework Help Business Accounting
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trixr4kids trixr4kids
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10 months ago

Which of the following statements is true?

  1. Financial measures tend to be lag indicators that report on the results of past actions.
  2. A profit center is responsible for generating revenue, but it is not responsible for controlling costs.


▸ Only statement I is true.

▸ Only statement II is true.

▸ Both statements are true.

▸ Neither statement is true.
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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IgnesiasIgnesias
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10 months ago
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trixr4kids Author
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10 months ago
Thank you, thank you, thank you!
dedricgard
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Yesterday
this is exactly what I needed
annielin111
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2 hours ago
Thanks
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