A responsibility center for which separate measures of revenues and costs are obtained is called a(n)________.
A) cost center
B) contribution center
C) contribution margin center
D) segment

Question

Quizplus · Accepted Answer

A responsibility center for which separate measures of revenues and costs are obtained is called a segment. This allows for the evaluation of the performance of different parts of an organization by analyzing their revenues and costs independently.

A Responsibility Center for Which Separate Measures of Revenues and Costs