In computing the margin in an ROI analysis, which of the following is used? Select one: О a. Operating income in the denominator. b. Average operating assets in the denominator. c. Sales in the denominator. ○ d. Residual income in the denominator.

Auditing: A Risk Based-Approach (MindTap Course List)
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Chapter8: Specialized Audit Tools: Attributes Sampling, Monetary Unit Sampling, And Data Analytics Tools
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8
In computing the margin in an ROI analysis, which of the
following is used?
Select one:
О
a. Operating income in the denominator.
b. Average operating assets in the denominator.
c. Sales in the denominator.
○ d. Residual income in the denominator.
Transcribed Image Text:In computing the margin in an ROI analysis, which of the following is used? Select one: О a. Operating income in the denominator. b. Average operating assets in the denominator. c. Sales in the denominator. ○ d. Residual income in the denominator.
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