In what way does a cost center differ from either an investment center or a profit center?
A) Cost centers are a much less common component of current business organizations, given the increased emphasis on value chain analysis.
B) A cost center is always smaller than either an investment center or a profit center.
C) A cost center recognizes neither revenues nor computes income.
D) Both A and B are correct.

Question

Quizplus · Accepted Answer

A cost center typically generates no revenues and is not held responsible for profits.

In What Way Does a Cost Center Differ from Either