CMA Part 1 ROI & Residual Income – Practice Questions

ROI and Residual Income are essential metrics for evaluating divisional performance in CMA Part 1. Master these concepts through our structured landing page preview.

Key Lesson Previews

Return on Investment (ROI)

Calculating and interpreting the efficiency of investment centers.

Keywords: operating income, average assets
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Residual Income (RI)

Measuring performance relative to a required minimum rate of return.

Keywords: imputed interest, hurdle rate
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ROI vs. RI: Key Differences

Understanding the behavioral implications and goal congruence of each metric.

Keywords: suboptimization, goal congruence
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Investment Center Performance

Holistic evaluation of capital intensive divisions.

Keywords: asset base, capital budgeting
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Economic Value Added (EVA)

Advanced performance measurement adjusted for cost of capital.

Keywords: WACC, net operating profit
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Practice Questions

Test your knowledge with these representative MCQ examples.

A company is considering a new project with a return that is higher than its cost of capital but lower than the division's current Return on Investment (ROI). If the division manager is evaluated based on ROI, the manager will likely:

Residual Income is defined as:

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