Managers in a Cost Center Are Held Responsible for Both

question 149

True/False

Managers in a cost center are held responsible for both the costs and volumes of inputs used to produce a product or provide a service.

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Definitions:

Sound Argument

An argument that is both valid (correctly structured) and has all true premises, leading to a true conclusion.

Deductive Argument

An argument that claims its conclusion necessarily follows from the premises.

Inductive Argument

An argument that only claims that its conclusion probably follows from the premise.

Definitional Premise

A premise containing the definition of a key term.