Multiple Choice
A responsibility centre that is held accountable for controlling both costs and income is called a:
A) Cost centre
B) Investment centre
C) Department
D) Profit centre
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: The Apia Vineyard uses a special mix
Q2: Department A has a gross profit of
Q3: _ by _ is the monitoring of
Q6: Y Co allocates advertising expenses to its
Q7: The balanced scorecard approach requires the organisation
Q9: Which of these departments would not be
Q10: How many of these are considered to
Q11: A series of budgets produced for different
Q32: Which of these factors is the least
Q50: Costs that a manager can influence in