Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Choose the answer that best describes an profit center. A responsibility center having revenues, expenses, and an appropriate investment base. A responsibility center responsible for

image text in transcribed
Choose the answer that best describes an profit center. A responsibility center having revenues, expenses, and an appropriate investment base. A responsibility center responsible for selling goods or services for the company. A responsibility center having both revenues and expenses. Because segmental earnings equal segmental revenues minus related expenses, the manager must be able to control both of these categories. A responsibility center in charge of making suggestions for improvment within the company. A responsibility center incurring only expense items and producing no direct revenue from the sale of goods or services. A responsibility center that is responsible for performing maintenance on the company's assets

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Money Tracker Track Your Expenses And Grow Financially

Authors: Ester Penterman

1st Edition

B0CKVH74FZ

More Books

Students also viewed these Accounting questions

Question

What is Ramayana, who is its creator, why was Ramayana written?

Answered: 1 week ago

Question

To solve by the graphical methods 2x +3y = 9 9x - 8y = 10

Answered: 1 week ago