Which of the following departments would NOT be classified as a profit center?
A) hardware department
B) men's shoes department
C) accounting department
D) automotive department

Question

Quizplus · Accepted Answer

Profit centers are departments or units within a company that generate revenue and incur expenses and are responsible for earning profits. The hardware department, men's shoes department, and automotive department are all examples of departments that are likely to generate revenue and are responsible for earning profits. However, the accounting department does not generate revenue for the company and is not responsible for earning profits. Therefore, it would not be classified as a profit center.

Which of the Following Departments Would NOT Be Classified as a Profit