A Manager Is Responsible for Costs Only in a (N)

question 109

Multiple Choice

A manager is responsible for costs only in a (n)

• A) profit center
• B) investment center
• C) volume center
• D) cost center

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Definitions:

Learning Rate

A measure of how quickly a person or an organization improves performance or reduces errors with experience over time.

Labour Hours

The total number of hours worked by employees, often used as a measure of labor cost or productivity in various contexts.

Learning Curve

The graphical representation of how an individual's or organization's performance improves over time as they gain experience or efficiency in a task.

Assembly Time

The total time required to assemble a product from start to finish, including all manual and automated processes.