An)_____ Center Is Not a Type of Responsibility Center

question 127

Multiple Choice

An) _____ center is not a type of responsibility center.

• A)investment
• B)cost
• C)profit
• D)budget

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Definitions:

Property Rights

Legal rights to possess, use, and dispose of assets including real estate, personal property, and intellectual property.

Incomplete

Not having all parts or elements; lacking something.

Private Ownership Rights

Legal entitlements that allow individuals or companies to own property and assets, giving them control over use, management, and disposal.

Well Enforced

A term indicating that laws or regulations are effectively implemented and adhered to.