A _____ is an independent business unit that is treated as a distinct entity enabling its revenues and expenses to be determined and its profitability to be measured.
A) cost center
B) revenue center
C) profit center
D) sales center

Question

Quizplus · Accepted Answer

A profit center can be treated as an independent business unit, enabling its revenues and expenses to be determined and its profitability to be measured. Cost centers, on the other hand, are responsible for managing and controlling costs, while revenue centers are responsible for generating revenue. Sales centers typically focus only on the sales aspect of a business and do not consider overall profitability.

A _____ Is an Independent Business Unit That Is Treated