In a not-for-profit organization, you are more likely to see

Question

Quizplus · Accepted Answer

In a not-for-profit organization, the focus is on fulfilling the mission or purpose rather than making a profit. Therefore, cost centers are more common as they represent departments or functions that incur costs to support the organization's activities without directly generating revenue. Examples of cost centers in a not-for-profit organization could be administrative or program support departments. Revenue centers, profit centers, and investment centers are more commonly found in for-profit organizations where the aim is to generate profits and return on investment.

In a Not-For-Profit Organization, You Are More Likely to See