In a responsibility accounting environment, which of the following managers has his or her performance typically measured based on the unit's overall profit compared to the flexible budget?
A)Cost center manager
B)Profit center manager
C)Investment center manager
D)Revenue center manager

Question

Quizplus · Accepted Answer

Profit center managers are typically responsible for generating revenue and controlling expenses, and their performance is evaluated based on the unit's overall profit compared to the flexible budget. Cost center managers are responsible for controlling costs, investment center managers are responsible for generating a return on investment, and revenue center managers are responsible for generating revenue.

In a Responsibility Accounting Environment, Which of the Following Managers