In a profit center,the manager has responsibility and authority for making decisions that affect:
A)only costs.
B)only assets.
C)both costs and assets.
D)both costs and revenues.

Question

Quizplus · Accepted Answer

In a profit center, the manager is responsible for generating revenues as well as controlling costs and managing assets to maximize profitability. Therefore, the manager has authority and decision-making power over both costs and revenues.

In a Profit Center,the Manager Has Responsibility and Authority for Making