The performance of investment centre is based on ……………….
A) cost of the centre
B) profit of the centre
C) profit and investment of the centre
D) revenue of the centre
Correct Answer:
Verified
Q14: A cost centre is a segment of
Q15: Both costs and revenues are measured in
Q16: A …………….is that factor which causes cost.
A)cost
Q17: cost driver for activities is called …………….
A)activity
Q18: A centre where the manager is responsible
Q20: Responsibility accounting is used for ……………….
A)cost control
B)planning
C)decision
Q21: ABC system is used for ………………
A)material control
B)wages
Q22: .A cost centre is …………………
A)a production department
Q23: An investment centre is a responsibility centre
Q24: Responsibility accounting aims to …………….
A)ensure that costs
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents