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Which of the following statements is/are correct? I. A profit center has control over both costs and revenues. II. An investment center has control over

Which of the following statements is/are correct? I. A profit center has control over both costs and revenues. II. An investment center has control over invested funds, but not over costs and revenues. III. A cost center has no control over sales.

Multiple Choice

  • Only I and II.

  • Only II.

  • Only I and III.

  • Only I.

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