The local McDonald's restaurant which reports revenues and expenses would be a(n):

Question

Quizplus · Accepted Answer

A profit center is a department, unit, or subsidiary that generates revenue and incurs costs, and thereby generates profit. A local McDonald's restaurant would be classified as a profit center as it generates revenue from the sale of its products and incurs costs such as labor, rent, and supplies. The restaurant's financial performance is measured by the profit it generates, making it a profit center.

The Local McDonald's Restaurant Which Reports Revenues and Expenses Would