menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 6
  4. Exam
    Exam 24: Performance Measurement and Responsibility Accounting
  5. Question
    A Unit of a Business That Generates Revenues and Incurs
Solved

A Unit of a Business That Generates Revenues and Incurs

Question 4

Question 4

Multiple Choice

A unit of a business that generates revenues and incurs costs is called a:


A) Performance center.
B) Profit center.
C) Cost center.
D) Responsibility center.
E) Expense center.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Expenses that are not easily associated with

Q6: Chancellor Company is divided into four departments.Departments

Q7: Nesbit Co.has two operating (production)departments supported by

Q8: Riemer,Inc.has four departments.Information about these departments is

Q9: Ready Company has two operating (production)departments: Assembly

Q10: The following is a partially completed departmental

Q11: Canfield Technical School allocates administrative costs to

Q114: A company produces two joint products (called

Q140: Joint costs are costs incurred in producing

Q167: The number of hours that a department

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines