A segment margin income statement is a measure of performance in which type of responsibility center?

Question

Quizplus · Accepted Answer

A segment margin income statement is a measure of performance in a profit center, which is responsible for generating revenue and profit. Cost centers are responsible for cost control and do not generate revenue, mail centers are typically a subcategory of a cost center, and investment centers are responsible for generating a return on investment.

A Segment Margin Income Statement Is a Measure of Performance