In a profit center, the manager has responsibility and authority for making decisions that affect
A) long-term liabilities
B) assets
C) investments
D) costs

Question

Quizplus · Accepted Answer

In a profit center, the manager is responsible for making decisions related to generating revenue and controlling costs, hence the best choice is D. Long-term liabilities, assets, and investments are usually within the scope of a different type of center, such as an investment center or cost center.

In a Profit Center, the Manager Has Responsibility and Authority