A Responsibility Center in Which a Manager Is Responsible for Both

question 108

Multiple Choice

A responsibility center in which a manager is responsible for both revenues and costs is a(n)

• A) cost center.
• B) revenue center.
• C) profit center.
• D) investment center
• E) None of these.

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Definitions:

Milgram's Experiment Variation

Milgram's Experiment Variation refers to any of the numerous adaptations or modifications of the original 1960s experiment by Stanley Milgram that studied obedience to authority by instructing participants to administer electric shocks to another person.

Confederate

An individual or entity that is part of a coalition or group aimed at achieving a common goal.

Shocks

Sudden and often violent disturbances or fluctuations in a physical system, economy, or within a psychological context.

Milgram's Original Experiment

A psychological experiment conducted by Stanley Milgram, which investigated obedience to authority and ethical boundaries.