Multiple Choice
A unit of a business that not only incurs costs, but also generates revenues, is called a:
A) Performance center.
B) Profit center.
C) Cost center.
D) Responsibility center.
E) Expense center.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q137: Generally, it does not matter how cost
Q138: For an investment center, the hurdle rate
Q139: A difficult problem in calculating the total
Q140: Match the appropriate definition a through h
Q141: A responsibility accounting performance report reports:<br>A) Only
Q143: Evaluation of the performance of a department
Q144: Indirect expenses should be allocated to departments
Q145: Mach Co. operates three production departments as
Q147: A basis for allocating the cost of
Q180: A joint cost of producing two products