An operating unit of an organization is called a cost center if it is responsible:
A) only for costs.
B) only for revenues.
C) for costs and revenues.
D) for investments in assets.

Name: An operating unit of an organization is called a cost center if it is responsible: A) only for costs. B) only for revenues. C) for costs and revenues. D) for investments in assets.
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Question

Quizplus · Accepted Answer

A cost center is responsible only for costs, not for revenues, profits, or investments.

An Operating Unit of an Organization Is Called a Cost