A responsibility center in which the department manager is responsible for costs, revenues, and assets for a department is called a (n)
A) cost center
B) profit center
C) operating center
D) investment center

Question

Quizplus · Accepted Answer

An investment center is a responsibility center in which the manager is responsible for costs, revenues, and the efficient use of assets. This means the manager has control over decisions that affect the center's profitability and investment in assets.

A Responsibility Center in Which the Department Manager Is Responsible