In investment centers, outputs are measured in monetary terms an

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In investment centers, outputs are measured in monetary terms and directly compared with

Which of the following statements is/are true about investment centers?

I.     The control system examines the role of assets in generating profit.
II.     In investment centers, outputs are measured in monetary terms and directly compared with input costs.
III.    It helps top management calculate the mere inflow and outflow of currency, rather than giving a total picture of profitability.

(a)Only (I) above
(b)Only (II) above
(c)Both (I) and (III) above
(d)Both (II) and (III) above
(e)All (I), (II) and (III) above.

Johnson 06-Dec-2017

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In investment centers, outputs are measured in monetary terms and directly compared with

In investment centers, outputs are measured in monetary terms and directly compared with

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