Both revenue center and profit center managers are responsible for achieving
A)budgeted revenues.
B)budgeted net income.
C)budgeted costs.
D)budgeted contribution margin.

Question

Quizplus · Accepted Answer

Revenue center managers are primarily responsible for generating sales or revenue, while profit center managers are responsible for both revenue and cost, aiming to achieve a net income. However, the statement specifically mentions responsibilities related to achieving budgeted revenues, which directly aligns with the role of revenue center managers and is also a concern for profit center managers as revenue impacts profit.

Both Revenue Center and Profit Center Managers Are Responsible for Achieving