Which of the following statements is correct about the functions that fall within various responsibility centers?
A)A revenue center manager is responsible for more functions than a profit center manager is.
B)A revenue center manager is responsible for fewer functions than a profit center manager is.
C)A revenue center manager is responsible for the same number of functions as a profit center manager is.
D)A revenue center manager is not responsible for any functions;only the profit center manager is responsible for functions.

Question

Quizplus · Accepted Answer

A revenue center manager is responsible for generating revenue and controlling costs associated with that revenue generation. A profit center manager is responsible for generating revenue, controlling costs and making a profit. Therefore, a profit center manager has more responsibilities than a revenue center manager.

Which of the Following Statements Is Correct About the Functions