Which of the following best describes the manager of a profit center?
A) The manager is only responsible for controlling costs.
B) The manager is responsible for generating profits and efficiently managing the center's invested capital.
C) The manager is only responsible for generating revenues.
D) The manager is responsible for generating revenues and controlling costs.

Question

Quizplus · Accepted Answer

The manager of a profit center is responsible for both generating revenues and controlling costs to maximize the profit of the center. This involves making decisions that impact both income and expenses to ensure the profitability of the center.

Which of the Following Best Describes the Manager of a Profit