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:

Precise Phrasing

The use of clear, explicit, and accurate language to express an idea or information without ambiguity.

Presentation Software

A computer application used to create, design, and display slideshows or multimedia presentations.

Personal Computers

Electronic devices that are used by individuals for various tasks such as word processing, internet browsing, and gaming, distinct from larger systems intended for communal use or professional data centers.

Web-Based Tool

An application or software that is accessible over the internet and helps users perform specific tasks online.