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The purchasing agent is usually responsible for the materials price variance. TRUE or FALSE Residual...

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Accounting

The purchasing agent is usually responsible for the materials price variance. TRUE or FALSE

Residual income should not be used to evaluate a cost center. TRUE or FALSE

Managers of cost centers are evaluated according to the profits which their departments are able to generate. TRUE or FALSE

A balanced scorecard should contain every performance measure that can be expected to influence a company's profits. TRUE or FALSE

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