The convenience store that is responsible for its own revenues, costs, and is owned by a national convenience store chain may be classified as a(n)
A)cost center.
B)investment center.
C)revenue center.
D)profit center.

Question

Quizplus · Accepted Answer

The convenience store is responsible for generating its own revenues and managing its own costs, which means it operates as a profit center. The fact that it is owned by a national convenience store chain does not change its status as a profit center.

The Convenience Store That Is Responsible for Its Own Revenues