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Managerial Accounting question? 18. Responsibility Centers. Petroleum Products, Inc., operates primarily in the United States and has several segments: Accounting and finance: responsible for recording

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18. Responsibility Centers. Petroleum Products, Inc., operates primarily in the United States and has several segments: Accounting and finance: responsible for recording financial information and preparing financial reports 2. Human resources: responsible for hiring employees and maintaining personnel records. 3. Retail stores: responsible for sales prices and all costs within each store. 4. Advertising: responsible for promotional materials. 5 Production: responsible for manufacturing company products 6. International operations: acts as an 1. independent segment responsible for all facets of the business outside of the United States. Required: For each of the preceding segments, identify whether it is a cost center, profit center, or investment center. Explain your answer. 18. Responsibility Centers (1) (2) (3) (4) (5) (6)

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