Business unit profit and loss statements show:
A) profits for the major responsibility centres and for the organisation as a whole.
B) profits by quarter for the organisation as a whole.
C) comparative profits by year for the organisation as a whole.
D) All of the given answers

Question

Quizplus · Accepted Answer

Business unit profit and loss statements typically show profits for the major responsibility centers, such as different product lines or geographic regions, as well as for the organization as a whole. This allows managers to see how each unit is contributing to overall profitability and identify areas for improvement or investment. Quarterly or yearly comparisons may also be included, but the primary focus is on the profitability of different segments within the organization.

Business Unit Profit and Loss Statements Show