A Responsibility Center for Which a Separate Measure of Revenues

question 150

Multiple Choice

A responsibility center for which a separate measure of revenues and/or costs is obtained is called a(n) :

• A) quality control center
• B) segment
• C) accounting center
• D) contribution center

Recognize the role of specialization in achieving economies of scale.

Understand the difference between marginal cost, average total cost, and marginal product in the context of production and cost functions.

Distinguish between explicit and implicit costs, and understand their implications for economic and accounting profit.

Analyze the impact of production scale on cost structures and managerial decisions regarding output levels.

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Definitions:

Plan B

Often referred to as emergency contraception, it is a method used to prevent pregnancy after unprotected sex has occurred.

Unprotected Sex

Sexual activity without the use of contraceptives or protective measures, increasing the risk of sexually transmitted infections and unintended pregnancies.

Psychological Problems

encompasses a range of mental health issues and disorders that affect a person's thinking, feeling, behavior, and overall well-being.

Overprotectiveness

An excessive desire to protect someone from real or perceived dangers, often leading to restrictions that can impede personal growth or independence.