If Responsibility Centers Are Ranked in Order of Increasing Responsibility

question 93

Multiple Choice

If responsibility centers are ranked in order of increasing responsibility, the ranking is

• A)investment centers, cost centers, profit centers.
• B)cost centers, investment centers, profit centers.
• C)cost centers, profit centers, investment centers.
• D)investment centers, profit centers, cost centers.

---

Definitions:

Preference Shares

A class of ownership in a corporation with a fixed dividend, having priority over common shares in asset liquidation and dividends.