Select the term from below to match with the correct statement.
-A(n) ___________ is a responsibility center in which a manager is responsible for revenues, costs, and investments.
A)centralization
B)revenue center
C)profit center
D)cost center
E)investment center
F)decentralization

Question

Quizplus · Accepted Answer

An investment center is a type of responsibility center where the manager is accountable for generating revenues, controlling costs, and making decisions about investments in assets. This encompasses a broader scope of responsibility compared to profit centers (which don't include investment decisions) or cost centers (focused only on costs).

Select the Term from Below to Match with the Correct