Multiple Choice
Which of the following statements is true in regards to a profit center?
A) A profit center incurs costs.
B) A profit center does not generate revenues.
C) A profit center generates revenue.
D) Both A and C
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q52: The CPC department of Alex shows gross
Q53: Gross profit by department appears on the:<br>A)
Q54: Buckeye Golf is considering dropping the clothing
Q55: Departmental income statements would be a useful
Q56: Below is a list of departments; you
Q58: Advertising totaled $20,000; $1,000 was indirect. What
Q59: Below is a list of departments; you
Q60: Which of the following indirect expenses would
Q61: Below is a list of expenses; you
Q62: Direct expenses, such as salaries, can be