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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Gracchan Revolution
Not-for-Profit Entities
Organizations that operate for purposes other than making a profit, often focusing on social, educational, or charitable endeavors.
Net Income
The total profit of a company after all expenses and taxes have been subtracted from total revenues.
Responsibility Center
A unit within an organization, such as a department or division, accountable for controlling costs, generating revenues, or managing assets.
Profit Center
A separate business unit or department within a company that is responsible for generating its own revenue and profit.
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