Multiple Choice
(CMA) Responsibility accounting defines an operating centre that is responsible for revenue and costs as a(n) :
A) Profit centre
B) Revenue centre
C) Division
D) Investment centre
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q10: Bellingham Division has a required rate of
Q11: An advantage of centralized decision making is:<br>A)More
Q12: Managers are held responsible for revenues in:<br>I.
Q13: Economic value added uses "adjusted after-tax operating
Q14: In responsibility accounting, information is used to:<br>I.
Q16: Executive compensation is typically set by the
Q17: Horse Stables Inc. has operations in Edmonton
Q19: Teresa's Taco Co. had the following results
Q20: Several descriptions of responsibility centres are listed
Q32: Return on investment can be decomposed into