The best measure for evaluating the effectiveness of a manger in an investment center would be A. residual income measures B. success in controlling costs C. current ratio measures D. success in meeting budgeted revenues

C. Residual Income measure.

Explanation: Investments undertaken by a firm is usually attached with an estimated rate of return. The minimum rate of return is the minimum income an investor or firm is expected to make as profit on an investment expressed as a proportion of the initial investment cost. Exceeding these minimum rate of return on an investment is a good metric of measuring the effectiveness of a manager of an investment center. The excess amount earned as part of the net income on an investment after deducting amount earned as minimum return is called the residual income.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.