A Cost Center

question 61

Multiple Choice

A cost center

• A) only incurs costs and does not directly generate revenues.
• B) incurs costs and generates revenues.
• C) is a responsibility center of a company which incurs losses.
• D) is a responsibility center which generates profits and evaluates the investment cost of earning the profit.

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Definitions:

Receiving Forgiveness

Receiving forgiveness involves being granted pardon or absolution by someone who has been wronged or offended.

Giving Forgiveness

The act of pardoning or releasing resentment, anger, or blame towards another person.

Victimization

The process of being made a victim through harmful actions such as abuse, exploitation, or violence.

Sympathy

Sympathy is the feeling of pity, compassion, or sorrow for the misfortunes or suffering of others.