Fill in the blank with the phrase that best completes the sentence.
-A(n) ________ is a part of the organization for which a manager has decision-making authority and accountability for the results of those decisions.
A)responsibility center
B)cost center
C)investment center
D)revenue center
E)profit center

Question

Quizplus · Accepted Answer

A responsibility center is a part of an organization for which a manager has decision-making authority and accountability for the results of those decisions. This includes profit centers, cost centers, and investment centers. However, only the term "responsibility center" accurately encompasses all types of decision-making authority and accountability.

Fill in the Blank with the Phrase That Best Completes