Multiple Choice
The type of department that generates revenues and incurs costs,and its manager is responsible for the investments made in operating assets is called a(n) :
A) Profit center
B) Cost center
C) Service department
D) Investment center
E) Responsibility center
Correct Answer:

Verified
Correct Answer:
Verified
Q2: A company rents a building with a
Q6: A firm produces and sells two products,Plus
Q8: Wren Pork Company uses the value basis
Q10: Expenses that are not easily traced to
Q39: Which of the following is not one
Q45: Profit margin for an investment center measures:<br>A)Investment
Q77: A cost incurred to produce or purchase
Q93: Direct expenses require allocation across departments because
Q156: Investment center managers are evaluated on their
Q160: Part 7B costs the Midwest Division of