A Unit or Department That Incurs Costs and Generates Revenues

question 103

Multiple Choice

A unit or department that incurs costs and generates revenues is known as a:

• A)cost center
• B)profit center
• C)revenue center
• D)None of these answers is correct.

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Definitions:

Dispositional

Relating to the inherent qualities, traits, or tendencies that contribute to a person's enduring behavior patterns or characteristics.

Psychodynamic Theory

A psychological perspective that emphasizes unconscious processes and past experiences as determinants of an individual's behavior and personality.

Psychosocial Development

The theory proposed by Erik Erikson, which outlines how individuals progress through eight stages of development, each marked by a specific conflict.

Oral Stage

The first stage in Freud's psychosexual development, occurring in the first year of life, where pleasure centers on the mouth.