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:

Philippine Exhibit

A display or presentation showcasing aspects of Philippine culture, history, or achievements, potentially as part of a larger exhibition or fair.

St. Louis World's Fair

Also known as the Louisiana Purchase Exposition, it was an international exhibition held in 1904 in St. Louis, Missouri, to celebrate the centennial of the 1803 Louisiana Purchase.

United Fruit Company

A U.S.-based corporation that was a major producer and marketer of fruit and other foods, primarily bananas, and had significant influence in Latin America.

Indochina

A region in Southeast Asia, comprising the countries of Vietnam, Laos, and Cambodia, notable for its colonial history under French rule and subsequent conflicts.