When Microsoft introduced the Xbox videogame console in 2001, the company priced it at $299, exactly the same price as Sony's PlayStation 2, the market leader. Identify this pricing strategy

The formula for calculating the accounting rate of return for a capital asset is

A) average annual operating income from asset/amount invested in asset. B) average annual net cash inflow from asset/amount invested in asset. C) (average annual operating income + depreciation expense)/amount invested in asset. D) (average annual cash inflows - depreciation expense)/(amount invested in asset + residual value of asset).

________ is the process of measuring and reporting operating data by responsibility center

a. Responsibility accounting b. Activity base c. Divisional accounting d. Cost center