Multiple Choice
A subunit that has responsibility for controlling costs, but does not have responsibility for generating revenue is a(n)
A) investment center.
B) cost center.
C) profit center.
D) value added center.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: West Division of PoolGuard has invested capital
Q2: An adjustment is made to net income
Q3: Division 3 of Baritune Enterprises reported sales
Q4: When residual income is calculated, an amount
Q5: The following information is reported for
Q7: Which of the following is a characteristic
Q8: The following information is reported for
Q9: Which one of the following is not
Q10: Managers of cost centers are evaluated in
Q11: If a company uses responsibility accounting, a