Below Is a List of Departments; You Are to Identify

question 99

Short Answer

Below is a list of departments; you are to identify each as either [1] a profit center or [2] a cost center.
-The warehouse area for a wholesale club. ________

---

Definitions:

Sticker Price

The full retail price of a vehicle, as displayed on a sticker in the car's window; commonly used to refer to the initial asking price of goods.

GST

The Goods and Services Tax is a form of value-added tax applied to almost all goods and services purchased for use within the nation.

PST

Provincial Sales Tax; a tax levied by certain provinces in Canada on the sale of goods and services.

Percentage

A percentage is a way of expressing a number as a fraction of 100, used to describe proportions and changes in quantities.