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Which of the following statements are correct regarding responsibility centers? I. A profit center has control over both cost and revenue. II. An investment center
Which of the following statements are correct regarding responsibility centers? I. A profit center has control over both cost and revenue. II. An investment center has control over invested funds, but not over costs and revenue. III. A cost center has no control over sales A. Only I and II B. Only II C. Only I and III D. Only I
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