Question
A distinguishing characteristic of an investment center is that interest revenue is the major source of revenues. the profitability of the center is related
A distinguishing characteristic of an investment center is that interest revenue is the major source of revenues. the profitability of the center is related to the funds invested in the center. it is a responsibility center which only generates revenues. revenues are generated by selling and buying stocks and bonds.
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
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