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

Question

Quizplus · Accepted Answer

In a cost center, the manager is responsible for controlling costs and expenses without having any direct authority over revenues. The focus is on managing and optimizing the resources allocated to the center, rather than generating revenue.

The Responsibility Center in Which the Manager Does Not Have