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:

Probability

A measure of the likelihood of a specific event or outcome expressed as a ratio between 0 and 1.

Passengers

Individuals who travel in a vehicle but are not responsible for driving or navigating the vehicle.

Atlantic Ocean

The second-largest ocean body in the world, located between the Americas, Europe, and Africa.

Titanic

The British passenger liner that sank after hitting an iceberg on its maiden voyage in 1912, leading to significant loss of life.