The responsibility center in which the manager does not have responsibility and authority over costs is the:
A)cost center.
B)investment center.
C)profit center.
D)revenue center.

Question

Quizplus · Accepted Answer

In a revenue center, the manager is primarily responsible for generating revenue, with no direct responsibility or authority over costs or investment decisions. This contrasts with cost centers (focused on minimizing costs), profit centers (focused on generating profit by managing both revenue and costs), and investment centers (focused on generating returns on invested capital).

The Responsibility Center in Which the Manager Does Not Have