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A profit center is A. a responsibility center that incurs costs and generates revenues. B. a responsibility center that always reports a profit. C. evaluated
A profit center is
A. | a responsibility center that incurs costs and generates revenues. |
B. | a responsibility center that always reports a profit. |
C. | evaluated by the rate of return earned on the investment allocated to the center. |
D. | referred to as a loss center when operations do not meet the company's objectives. |
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