Asked by Aline Rugira on May 20, 2024
Verified
Evaluation of the performance of an investment center involves only financial measures.
Investment Center
A division or unit within an organization that is responsible for its own revenue, expenses, and investments, and is evaluated on its profitability and return on investment.
Financial Measures
Quantitative indicators used to assess aspects of a company's financial performance, such as profitability, liquidity, and solvency.
- Recognize the evaluation measures for different types of centers (cost, profit, investment).
Verified Answer
CE
Cheyanne EllenMay 23, 2024
Final Answer :
False
Explanation :
Performance evaluation of an investment center can involve both financial and non-financial measures, such as customer satisfaction or employee engagement.
Learning Objectives
- Recognize the evaluation measures for different types of centers (cost, profit, investment).
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