Multiple Choice
(CMA) Responsibility accounting defines an operating center that is responsible for revenue and costs as a(n)
A) Profit center
B) Revenue center
C) Division
D) Investment center
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: THN Corporation reported operating income of $30,000,
Q26: Responsibility accounting includes:<br>I. Monitoring primarily for mistakes<br>II.
Q41: Division S sold a part to both
Q74: Which of the following transfer pricing systems
Q82: Specific knowledge is I. More detailed than
Q83: Budgets can be used to evaluate managerial
Q84: How are research and development costs treated
Q86: ROI will decrease if<br>A) Sales increase<br>B) Investment
Q88: Residual income is<br>A) The same as return
Q89: Return on investment cannot be used effectively