In a(n)________ center, managers are accountable for both revenues and costs.
A)cost
B)profit
C)equity
D)investment

Question

Quizplus · Accepted Answer

In a profit center, managers are responsible for generating revenue and controlling costs in order to maximize profits. This is in contrast to a cost center, where managers are only responsible for controlling costs, or an investment center, where managers are responsible for maximizing return on investments. Equity is a measure of ownership in a company and is not relevant to this question.

In A(n)________ Center, Managers Are Accountable for Both Revenues and Costs