A responsibility center in which the department manager is responsible for costs, revenues, and assets for a department is called:
A) a cost center
B) a profit center
C) an operating center
D) an investment center

Question

Quizplus · Accepted Answer

An investment center is a responsibility center where the manager is responsible for costs, revenues, and assets, making decisions that affect the department's profitability and return on investment.

A Responsibility Center in Which the Department Manager Is Responsible