The Manager of a Profit Center Has the Responsibility for Making

question 20

Multiple Choice

The manager of a profit center has the responsibility for making decisions that affect the center's _____.

• A) costs, revenues, and investment in fixed assets.
• B) investment in fixed assets, but not costs.
• C) costs and revenues, but not investment in fixed assets.
• D) revenues and investment in fixed assets, but not costs.

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Definitions:

Asset Retirement Costs

Costs associated with removing equipment or property from service and disposing of it in accordance with legal and regulatory guidelines.

Depreciable Asset

A tangible or intangible asset subject to depreciation, reflecting the decline in the asset's value over its useful life.

Delivery Truck

A vehicle used by companies to transport goods from one location to another.

Company Logo

A graphic mark, emblem, or symbol used by enterprises to aid and promote public identification and recognition.