A Corporate Accounting Department Would Most Often Be Considered a

question 107

Multiple Choice

A corporate accounting department would most often be considered a

• A) Cost center, because it is typically a high cost operation
• B) Cost center, because its costs can be controlled by upper management
• C) Revenue center, if accountants have input in pricing decisions
• D) Cost center, because it is a support service

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Definitions:

Imports

Imports are goods or services brought into one country from another country for sale, often to satisfy domestic demand for products not locally produced.

Importing

The purchase of goods and services from foreign sources.