3. (LO 1) A cost center manager will be held responsible for a. only the center's investments in assets. b. only the center's costs. c. the center's revenues, costs, and investments in assets. d. only the center's profits. 4. (L01) Houck Industrial Supply has three operating divisions, each headed by a divisional vice president. The divisions operate inde- pendently, and each vice president is responsible for all aspects of the division's operation. Most likely, each division operates as a(n) a. a. cost center. b. profit center. c. investment center. d. subsidiary