Match each of the following terms with their correct description from the items listed below.* Each term may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-A responsibility centre in which a manager is responsible only for costs
A)Centralization
B)Revenue centre
C)Profit centre
D)Cost centre
E)Investment centre
F)Decentralization

Question

Quizplus · Accepted Answer

A cost centre is a responsibility centre where a manager is responsible only for controlling costs, without direct responsibility for revenue or investment decisions.

Match Each of the Following Terms with Their Correct Description