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

Question

Quizplus · Accepted Answer

Cost centre managers are only responsible for the costs incurred in the subunit. They do not have responsibility for generating revenue or making a profit, but rather for controlling costs and keeping them within budget. Revenue centre managers are responsible for generating revenue, profit centre managers are responsible for both revenue and costs, and investment centre managers are responsible for revenue, costs, and the assets used in generating them.

Which of the Following Managers Is Held Responsible for Only