Accounting Principles - Standalone book
Accounting Principles - Standalone book
12th Edition
ISBN: 9781118875056
Author: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Publisher: WILEY
Question
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Chapter 24, Problem 24.5AP

(a)

To determine

Responsibility Report: The report which records the activity assigned to each department units is called as responsibility report. It includes budgeted, actual and difference values of costs, revenues and resources that are assigned and controlled by a responsibility manager.

Return on Investment: The benefit or profit that investors receive by investing in securities is called as return on investment. It is used to measure the performance of investment centers.

To prepare: Responsibility report for H Division.

(b)

To determine

(b) The manager’s performance and the items which like to be investigated (c) The expected return on investment for H division as per the alternative changes.

(c)

To determine

The expected return on investment for H division as per the alternative changes.

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Chapter 24 Solutions

Accounting Principles - Standalone book

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