Chardon had the following financial results for last month.What type of responsibility centre do these financial results reflect?

A)Revenue centre
B)Profit centre
C)Investment centre
D)Cost centre

Question

Chardon had the following financial results for last month.What type of responsibility centre do these financial results reflect?

A)Revenue centre 
B)Profit centre 
C)Investment centre 
D)Cost centre

Quizplus · Accepted Answer

The financial results show revenue and expenses, as well as a profit. This suggests that the centre is responsible for generating revenue and managing expenses to ensure profitability, which is the primary responsibility of a profit centre.

Chardon Had the Following Financial Results for Last Month