Most Large Organizations Establish Responsibility Centers (Sections,departments,divisions,etc Required:
1)Three Commonly Found Responsibility Centers Are Cost Centers,profit Centers,and

Essay

Most large organizations establish responsibility centers (sections,departments,divisions,etc. )in order to delegate decision-making authority to the individuals who are best suited to make decisions in those particular centers.Consider the following responsibility centers:
Responsibility Center Description $\begin{array}{|l|l|}\hline \text { 1) } & \text { Louisville office of a regional CPA firm } \\\hline \text { 2) } & \text { Restaurant in a Nordstrom department store } \\\hline \text { 3) } & \text { Medical diagnostic equipment unit of General Electric } \\\hline \text { 4) } & \text { Maintenance department in a Toyota assembly plant } \\\hline 5) & \text { Cincinnati outlet of the Hampton Inn hotel chain } \\\hline \text { 6) } & \text { Home electronics division of Best Buy } \\\hline \text { 7) } & \text { Lawnmorver division of Honda } \\\hline \text { 8) } & \text { Finishing department of a company that makes wooden fencing } \\\hline 9) & \text { Engine assembly department of John Deere } \\\hline \text { 10) } & \text { Customer service department of United Airlines } \\\hline \text { 11) } & \text { Check processing department of Citibank } \\\hline \text { 12) } & \text { Casting department of a small steel mill } \\\hline \text { 13) } & \text { Jeep division of Chrysler Motors } \\\hline \text { 14) } & \text { Denver location of Barnes and Noble } \\\hline \text { 15) } & \text { Baltimore office of an investment banking firm } \\\hline\end{array}$ Required:
1)Three commonly found responsibility centers are cost centers,profit centers,and investment centers.Describe each type of center.
2)Which type of center will each most likely be classified as: a cost center,profit center,or investment center?