A Type of Responsibility Center Which Is Used Primarily in Manufacturing

question 12

Multiple Choice

A type of responsibility center which is used primarily in manufacturing facilities based on historical cost data is aan)

• A) investment center.
• B) revenue center.
• C) expense center.
• D) profit center.
• E) standard cost center.

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Definitions:

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Refers to major failures within corporations that involve illegal, unethical, or morally questionable practices that come to public attention.

Stock Frauds

Illegal activities involving manipulation of stock markets to deceive investors and profit unlawfully.

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The 42nd President of the United States (1993-2001), known for his policies on the economy, welfare reform, and his involvement in several scandals.

Aid to Families

A government welfare program designed to provide financial assistance to households, especially those with children, to alleviate poverty.