Which of the following BEST describes a business unit where the manager is primarily responsible for cost control?

Question

Quizplus · Accepted Answer

A cost center is a business unit or department where the manager is responsible for controlling and minimizing costs. This type of center does not generate revenue or profit, but supports other units in the organization by providing goods or services. Cost centers are used in budgeting and performance evaluation processes to measure efficiency and effectiveness in managing expenses.

Which of the Following BEST Describes a Business Unit Where