menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting Study Set 1
  4. Exam
    Exam 24: Departmental Accounting
  5. Question
    A Unit or Department That Incurs Costs but Does Not
Solved

A Unit or Department That Incurs Costs but Does Not

Question 37

Question 37

Multiple Choice

A unit or department that incurs costs but does not generate revenues is known as a:


A) cost center
B) profit center
C) revenue center
D) None of these answers is correct.

Correct Answer:

verifed

Verified

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

Related Questions

Q32: Advertising expense totaled $20,000.If indirect advertising costs

Q38: Most companies that prepare departmental income statements

Q39: A department with sales of $75,000 and

Q41: Hawkeye Golf is considering dropping the

Q47: The toy department of a department store

Q62: Direct expenses, such as salaries, can be

Q70: A profit center and a cost center

Q72: A department income statement showing gross profit

Q110: Department contribution margin equals gross profit on

Q118: Below is a list of expenses; you

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