The cost object under the control of a manager is called a(n)____ center.
A)cost
B)revenue
C)responsibility
D)investment

Question

Quizplus · Accepted Answer

A responsibility center is a cost object under the control of a manager. This type of center is responsible for a particular aspect of the business, such as a cost center, revenue center, or profit center. The manager is accountable for the performance of the center, and makes decisions that affect its costs or revenues. Therefore, option C is the best choice. Options A, B, and D do not accurately describe the concept of a responsibility center in accounting.

The Cost Object Under the Control of a Manager Is