The manager of which of the following centers has the authority to open new stores or close existing ones?
A) cost center
B) profit center
C) investment center
D) revenue center

Question

Quizplus · Accepted Answer

An investment center is a type of responsibility center that has the authority to make investment decisions like opening new stores or closing existing ones. Cost centers are responsible for controlling costs, revenue centers generate revenues, and profit centers have the authority to make pricing and production decisions to generate profits.

The Manager of Which of the Following Centers Has the Authority