In a ________,the manager is responsible for generating revenues and controlling costs.
A) cost center
B) profit center
C) revenue center
D) transfer pricing center

Question

Quizplus · Accepted Answer

In a profit center, the manager is responsible for generating revenues and controlling costs. The main objective of a profit center is to make a profit or earn a return on investment. Cost centers only have responsibility for controlling costs, revenue centers only have responsibility for generating revenues, and transfer pricing centers deal with internal transfer of goods and services between different divisions or departments of a company.

In a ________,The Manager Is Responsible for Generating Revenues and Controlling