A Cost Center Manager Should Be Evaluated by

question 25

Multiple Choice

A cost center manager should be evaluated by

• A)an examination of actual costs against budgeted costs.
• B)a review of both revenues and expenses, with a focus on operating income.
• C)how well assets have been used to generate income.
• D)a flexible budget income statement.

---

Definitions:

Medical Insurance

This insurance provides coverage for the health care and surgical expenses of the person insured.

Emergency Room

A specialized department in a hospital that provides immediate treatment for acute illnesses and trauma.

Uninsured

Individuals or entities that lack insurance coverage, leaving them financially vulnerable to risks or losses that would otherwise be mitigated by insurance.

Costs

The amount of money required for the production of goods or services, including materials, labor, and overheads.