A Unit or Department That Incurs Costs but Does Not

question 80

Multiple Choice

A unit or department that incurs costs but does not generate revenues is known as a:

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

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Definitions:

Social Exchange

A theory suggesting that human relationships and social interactions are based on the exchange of resources, rewards, and benefits.

Tailoring Communication

The practice of adjusting one's style of communication to fit the specific needs of the audience or situation.

Interpretations

The process of assigning meaning to information or events, often subjective and based on individual perspectives.

Scientific Heritage

The historical development and influence of scientific principles on a field or practice, often aiming for efficiency and productivity.