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Which of the following is a characteristic of a profit center? The centers manager has control over revenues and costs. The subunit has responsibility for
Which of the following is a characteristic of a profit center?
The centers manager has control over revenues and costs.
The subunit has responsibility for generating revenues, controlling costs, and generating a return on assets.
The subunit can be evaluated using residual income.
The subunit can be evaluated by comparing it to other investment centers.
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