A Unit or Department That Incurs Costs and Generates Revenues

question 120

Multiple Choice

A unit or department that incurs costs and generates revenues is known as a:

• A) cost center.
• B) profit center.
• C) revenue center.
• D) corporate center.

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Definitions:

Co-Founder

An individual who jointly starts a company, enterprise, or organization with one or more partners.

Ira J. Gordon

A professional whose contributions or theories have influenced the fields of childhood education or developmental psychology, but further specific details are required for accurate definition.

Whole Child Concept

An educational approach that values nurturing all aspects of a child's development, including physical, emotional, social, and cognitive growth.

Intellectual Ability

Refers to the capacity to think, reason, solve problems, and learn, often measured through IQ tests or other cognitive assessments.