An Operating Unit That Is Responsible for Revenues and Costs

question 42

Multiple Choice

An operating unit that is responsible for revenues and costs is commonly referred to as a(n) :

• A) expense center.
• B) revenue center.
• C) profit center.
• D) asset center.

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Definitions:

Opinionated

Having, expressing, or characterized by strong beliefs or judgments about something, often without regard to evidence or other people's views.

Motivated

Having a strong drive or incentive to accomplish a task, goal, or objective, often driven by internal or external factors.

Open Membership

A policy allowing anyone interested to join a group or organization without restrictions or prerequisites.

Cohesive

Possessing the ability to stick together or form a unified whole, often referring to the unity or bond within a group or organization.