In a(n)________ center, managers are accountable to both revenues and costs.
A)cost
B)profit
C)equity
D)investment

Question

Quizplus · Accepted Answer

In a profit center, managers have responsibility for both generating revenues and controlling costs in order to create a profit for the organization. This differs from a cost center, where the focus is solely on managing and minimizing costs, and an investment center, where managers are accountable for generating returns on investments. Equity centers do not exist as a common organizational structure.

In A(n)________ Center, Managers Are Accountable to Both Revenues and Costs