The Type of Department That Generates Revenues and Incurs Costs,and

question 121

Multiple Choice

The type of department that generates revenues and incurs costs,and its manager is responsible for the investments made in operating assets is called a:

• A)Profit center
• B)Cost center
• C)Service department
• D)Investment center
• E)Responsibility center

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Definitions:

Responsive

Being sensitive to and readily reacting to the needs, feelings, or changes in situation of others or oneself.

Active Parenting

Active parenting describes a proactive approach to child-rearing where parents actively engage in guiding, supporting, and educating their children through various stages of development.

Key Qualities

Essential attributes or characteristics that are considered significant or foundational within a certain context.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone.