A profit center is a unit in which the manager:
A) has the responsibility for controlling costs,but not for directly generating revenue.
B) is not responsible for controlling costs,but is responsible for generating revenue.
C) is responsible for controlling costs and generating revenue.
D) None of these answers are correct.
Correct Answer:
Verified
Q2: The photography department in a department
Q3: The financial statement(s)that can be broken down
Q5: In a cost center,the manager:
A)has the responsibility
Q6: A company has four departments (A,B,C and
A)A
B)B
C)C
D)D
D)and
Q6: An example of a cost center is:
A)a
Q7: In a department store, the men's clothing
Q9: The women's shoe department shows gross sales
Q11: Calculate a department's gross profit on
Q18: Gross profit by department appears on the:
A)balance
Q19: When a company tracks gross profit by
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