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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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