The term responsibility center reflects the idea that the "centers" of a business usually are defined in a manner such that each center is: Multiple Choice Responsible for all business operations in a specific region. Approximately the same size. Responsible for earning a specified amount of profit. Under the control of a specified center manager.

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?