Who are responsible for (1)costs in cost centers, (2)revenues in revenue centers, (3)both costs and revenues in profit centers,and (4)revenues,costs,and assets in an investment center?

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Managers are responsible for (1) costs in cost centers, (2) revenues in revenue centers, (3) both costs and revenues in profit centers, and (4) revenues, costs, and assets in an investment center. Shareholders are not directly responsible for any of these, employees are responsible for their designated job duties but not overall financial responsibility, and vendors are only responsible for their contractual obligations.

Who Are Responsible for (1)costs in Cost Centers, (2)revenues in Revenue