Which Type of Responsibility Center Would Usually Be Found at the Highest

question 98

Multiple Choice

Which type of responsibility center would usually be found at the highest level in an organization?

• A) Revenue center
• B) Investment center
• C) Profit center
• D) Cost center

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Definitions:

Compromise Position

A middle-ground stance taken during negotiations or discussions, where parties involved make concessions to reach a mutually acceptable agreement.

Corporate Social Responsibility

A business model where companies integrate social and environmental concerns in their operations and interactions with stakeholders.

Unionization

The act of forming or joining a union, where workers collectively organize to negotiate wages, hours, benefits, and other working conditions.

Socialist Movement

A political and social movement advocating for public or collective ownership and administration of the means of production and distribution of goods.