Asked by
Kaelynn Joubert
on Nov 17, 2024
Verified
A manager is responsible for costs only in a(n) _____ center.
A) profit
B) investment
C) volume
D) cost
Cost Center
A division or department within an organization that does not directly contribute to profits but incurs costs, such as customer service or research and development departments.
Profit Center
A division or segment of a company that is directly responsible for generating its own revenue and profits.
- Identify the attributes and duties associated with various responsibility centers in organizations.
Verified Answer
CH
Learning Objectives
- Identify the attributes and duties associated with various responsibility centers in organizations.