A type of responsibility center which is typically established whenever an organizational unit has control over both its resource costs and the selling price of its products or services is aan)
A) investment center.
B) revenue center.
C) expense center.
D) profit center.
E) standard cost center.

Question

Quizplus · Accepted Answer

A profit center is responsible for both generating revenue and controlling costs, thus having control over both resource costs and the selling price of its products or services.

A Type of Responsibility Center Which Is Typically Established Whenever