Which responsibility center managers are responsible for both generating revenue and either controlling costs or efficiently managing invested capital?
A) cost and profit centers
B) revenue and profit centers
C) profit and investment centers
D) revenue and investment centers

Question

Quizplus · Accepted Answer

Profit centers are responsible for generating revenue and controlling costs, while investment centers are responsible for managing invested capital. Therefore, profit and investment centers are the responsibility center managers who are responsible for both generating revenue and either controlling costs or efficiently managing invested capital.

Which Responsibility Center Managers Are Responsible for Both Generating Revenue