Which of the following managers is held responsible for only the costs incurred in the unit?
A) Cost centre manager
B) Revenue centre manager
C) Profit centre manager
D) Investment centre manager

Question

Quizplus · Accepted Answer

A cost centre manager is responsible for controlling and minimizing costs within their unit, without necessarily having direct control over generating revenue or making investment decisions. The focus is on operational efficiency and ensuring that expenses stay within budget. The other options (B, C, and D) are responsible for generating revenue or achieving a profit, and therefore have a wider range of responsibilities beyond just managing costs.

Which of the Following Managers Is Held Responsible for Only