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Brian Kirksey
on Nov 17, 2024

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In a cost center, the manager has responsibility and authority for making decisions that affect

A) revenues
B) investments in assets
C) both costs and revenues
D) costs

Cost Center

A department or unit within an organization that does not directly add to profit but incurs costs, such as the HR department or IT support.

Investments

Assets acquired for the purpose of generating income or increasing value over time, such as stocks, bonds, or real estate.

  • Understand the features and obligations of distinct responsibility centers within companies.
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TK
Tlaleng KhozaNov 20, 2024
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