Which of the Following Statements Is True in Regards to a Profit

question 57

Multiple Choice

Which of the following statements is true in regards to a profit center?

• A) A profit center incurs costs.
• B) A profit center does not generate revenues.
• C) A profit center generates revenue.
• D) Both A and C

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Definitions:

Autonomy

The capacity to make an informed, uncoerced decision; often associated with the concept of independence and self-determination.

Kohlberg's Theory

A theory of moral development that describes how individuals progress through different stages of moral reasoning.

Ethical Behavior

Conduct that is in alignment with accepted principles of right or wrong governing the conduct of a person or the members of a profession.

Universal Ethical Principles

Fundamental moral guidelines that are considered to be universally applicable to all individuals regardless of culture, time, or situation.