A unit or department that incurs costs but does not generate revenues is known as a:
A) cost center
B) profit center
C) revenue center
D) None of these answers is correct.
Correct Answer:
Verified
Q7: A maintenance department would be an example
Q8: The photography department in a department
Q9: A unit or department that incurs costs
Q10: Calculate a department's gross profit given
Q11: Sales minus cost of goods sold yields:
A)operating
Q13: A company has four departments (A,B,C and
Q14: Which of the following is normally the
Q15: The financial statement(s)that cannot be broken down
Q16: Departmental reports are not useful for:
A)determining performance.
B)determining
Q17: The administrative department of a mall is
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