Which responsibility centres generate both revenues and costs?
A)investment and profit centres
B)profit and cost centres
C)cost and investment centres
D)only profit centres

Question

Quizplus · Accepted Answer

Profit centres and investment centres both generate revenues and incur costs. Profit centres are evaluated based on their profitability, which requires generating revenues and managing costs. Investment centres are similar but also include the responsibility of making decisions about the assets invested in the centre, affecting both revenues and costs.

Which Responsibility Centres Generate Both Revenues and Costs