An operating unit of an organization is called a profit 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 profit center if it is responsible: A) only for costs. B) only for revenues. C) for costs and revenues. D) for investments in assets.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

A profit center is responsible for both costs and revenues, as it is evaluated based on its ability to generate profit.

An Operating Unit of an Organization Is Called a Profit