Incluye referencias bibliográficas e índice. CONTENIDO: The organization of divisionalized business -- Divisional accounting and "Generally accepted accounting principles -- Profit as a measure of divisional performance -- Some specific problems of divisional profit measurement -- Evaluating divisional performance by return on investment and residual income -- Interdivisional relationships -- Budgetary control of divisional operations -- Nonprofit measures of performance -- Appendix A (to chapter VI). A graphical treatment of the theory of transfer pricing -- Appendix B (to chapter VI). Computation of the optimal program for the product-mix problem and of the implicit prices of the transferred materials -- Appendix C (to chapter VII). A case study in budgetary control of divisions.