Multiple Choice
The concept of contribution margin applies:
A) Only to investment centers.
B) Only to profit centers.
C) Only to cost centers.
D) To all types of responsibility centers.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: Profit centers generate revenues and costs.
Q24: San Francisco's famous St.Francis Hotel is owned
Q25: An investment center is a profit center
Q26: The responsibility margin is the contribution margin
Q27: Revenue,less variable costs,less traceable fixed costs,is called
Q29: Responsibility income statement<br>Classico's Pizza,a chain of pizza
Q30: Responsibility margin is equal to revenue,less:<br>A)Contribution margin
Q31: The responsibility margin is calculated by:<br>A)Subtracting fixed
Q32: [The following information applies to the questions
Q33: All costs become traceable at some level