Performance is evaluated for an investment center through the comparison of actual and budgeted return on investment (ROI) based on segment margin and assets controlled by the segment. a. True
b. False

True

Explanation:

Return on Investment (ROI) is the proportion of operating assets that an investment center earned as as net operating income.  

ROI is measure of the returned earned by a division relative to the amount invested in the assets used to generate the return.

It is calculated as follows  

ROI = operating income/operating assets  × 100

To evaluate a division, the division's ROI is compared to the budgeted ROI of the company. An actual ROI that exceeds the budgeted is considered a good performance and vice versa

Single: this includes never-married, divorced, or legally separated persons who do not have any dependents during the tax year.

Married, Filing Jointly: this includes married individuals (with or without dependents) who combine their income on one tax return.

Married, Filing Separately: this includes married individuals (with or without dependents) who each file a separate tax return on only their own income.

Head of Household: this includes a single individual who maintains a household for one or more dependents (paying more than half of their support).

Qualifying Widow(er): this includes individuals whose spouse has died within the past two years and the individual is supporting at least one dependent.

Explanation:

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