For the board of directors of the company, the entire company is a ……………….
A)Profit center
B)Expense center
C)Responsibility center
D)Investment center

Question

Quizplus · Accepted Answer

The entire company is considered a "Responsibility center" for the board of directors because they are responsible for overseeing the company's strategic direction, financial performance, and operational effectiveness, making decisions that impact the entire organization.

For the Board of Directors of the Company, the Entire