The manager of a cost center is responsible for
A) decisions regarding costs.
B) decisions regarding revenues.
C) decisions to invest in assets.
D) both a and b.

Question

Quizplus · Accepted Answer

As the name suggests, the manager of a cost center is primarily responsible for managing the costs associated with that particular center or department. This includes making decisions regarding cost control measures, cost reduction strategies, cost allocation, and cost management. While the manager may have some limited involvement in decisions regarding revenues or investments in assets, these responsibilities typically fall under the purview of other managers or departments within the organization. Therefore, the best choice is A) decisions regarding costs.

The Manager of a Cost Center Is Responsible for