A responsibility center in which the department manager has responsibility for and authority over costs and revenues is called a(n) _____ center.
A)profit
B)investment
C)volume
D)cost

Question

Quizplus · Accepted Answer

A profit center is a part of an organization that directly adds to its profit through its operations, with the manager being responsible for both costs and revenues.

A Responsibility Center in Which the Department Manager Has Responsibility