A(n) __________is a division or department that brings in no revenue or profit for the organization-running this function only costs the organization money.
A)revenue center
B)productivity center
C)cost center
D)effectiveness center
E)efficiency center

Question

Quizplus · Accepted Answer

A cost center is a department or division within an organization that does not generate any revenue or profit. Instead, the primary purpose of a cost center is to support other departments within the organization and incur operating expenses. The expenses associated with running a cost center are typically allocated to other parts of the organization, which means that the cost center's main focus is on controlling costs and optimizing efficiency.

A(n) __________Is a Division or Department That Brings in No