Which responsibility centers generate both revenues and costs?

Question 20 options:

	Investment and profit centers
	Profit and cost centers
	Cost and investment centers
	Only profit centers

A profit center is

Question 21 options:

	a responsibility center that always reports a profit.
	a responsibility center that incurs costs and generates revenues.
	evaluated by the rate of return earned on the investment allocated to the center.
	referred to as a loss center when operations do not meet the company's objectives.