The responsibility center in which the manager has responsibility and authority over revenues,costs and assets is
A)a cost center.
B)an investment center.
C)a profit center.
D)a revenue center.

Question

Quizplus · Accepted Answer

An investment center is responsible for generating revenues, controlling costs, and managing the assets used in operations, giving the manager authority over all three areas.

The Responsibility Center in Which the Manager Has Responsibility and Authority