8. Responsibility Accounting: a. What is a cost center? Give an example of a cost center __________________________________________________________________________________________________________________________________________________________________________
Question:
8. Responsibility Accounting:
a. What is a cost center? Give an example of a cost center __________________________________________________________________________________________________________________________________________________________________________
b. What is a Profit center? Give an example of a profit center __________________________________________________________________________________________________________________________________________________________________________
c. What is an investment center? Give an example of an investment center __________________________________________________________________________________________________________________________________________________________________________
d. What is management by exception: __________________________________________________________________________________________________________________________________________________________________________