In a cost center, the manager has responsibility and authority for making decisions that affect
A) revenues
B) investments in assets
C) both costs and revenues
D) costs

Question

Quizplus · Accepted Answer

In a cost center, the manager is responsible and has the authority to make decisions that affect the costs incurred by the center. These decisions can include budgeting, cost reduction measures, and improving efficiency. The manager does not have responsibility for generating revenues or making investments in assets.

In a Cost Center, the Manager Has Responsibility and Authority