What centres receive responsibility reports containing budgeted and actual controllable revenues and costs?
A)investment centres
B)profit centres
C)cost centres
D)investment, profit, and cost centres

Question

Quizplus · Accepted Answer

Profit centres receive responsibility reports containing both budgeted and actual controllable revenues and costs, as they are responsible for generating revenue and controlling costs, unlike cost centres which only focus on costs, and investment centres which are concerned with investment returns as well.

What Centres Receive Responsibility Reports Containing Budgeted and Actual Controllable