Which of the following managers is likely to have the most diverse responsibilities?
A) the manager of a cost center
B) the manager of a profit center
C) the manager of an investment center
D) the manager of a revenue center

Question

Quizplus · Accepted Answer

The manager of an investment center is likely to have the most diverse responsibilities as they are responsible for generating profits and are also accountable for investing and managing resources. They have to balance the profitability of the center with the risks associated with investments, making them responsible for multiple tasks such as budgeting, financial management, and decision making. On the other hand, managers of cost centers are responsible for controlling and reducing costs, managers of revenue centers focus solely on generating revenue, and managers of profit centers are responsible for generating profits within their centers.

Which of the Following Managers Is Likely to Have the Most