A responsibility center for controlling revenues as well as costs is called a revenue center.
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Q4: Objectives are specific tangible actions or activities
Q5: Financial measures often are lagging indicators that
Q7: In the management control system, feedback and
Q9: A profit center can exist in nonprofit
Q10: Measures of performance should not be consistent
Q11: The term "cost center" is used indiscriminately
Q12: Nonfinancial measures include profit targets and required
Q37: Good performance measures should be reasonably subjective.
Q50: Responsibility centers usually have a single goal
Q57: A set of machines may be a
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