True/False
A profit center is an organizational segment in which the manager is responsible for costs and revenues,but not investments in assets.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q53: When residual income is used to evaluate
Q54: The term decentralized organization refers to an
Q55: Petra Company has the following information
Q56: Pete's Paint Company produces paint and has
Q57: Exhibit 11-5<br>Sports Products Inc.sells skis and
Q58: Exhibit 11-2<br>Manford Inc.has two divisions -Refrigerators
Q60: When using the net book value to
Q61: Exhibit 11-1<br>Ashville Company has two divisions
Q62: An investment center is an organizational segment
Q63: An advantage of return on investment (ROI)as