Which Responsibility Centres Generate Both Revenues and Costs

question 57

Multiple Choice

Which responsibility centres generate both revenues and costs?

• A)investment and profit centres
• B)profit and cost centres
• C)cost and investment centres
• D)only profit centres

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Definitions:

Senator

A member of a senate, which is a legislative body in various countries.

Correlated

Describes two or more variables when a change in one variable is associated with a change in another, implying a statistical relationship but not causation.

Causally Related

The relationship between two events where one event is understood to be a direct consequence of the other.

Erroneous Generalizations

Unfounded assertions that inaccurately extend conclusions from a sample to an entire population.