Which of the Following Is NOT a Type of Responsibility

question 123

Multiple Choice

Which of the following is NOT a type of responsibility center?

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

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Definitions:

Social Security

A government program that provides financial assistance to people with an inadequate or no income, primarily the elderly, disabled, and families of deceased workers.

Economic Policy

Strategies and actions taken by the government or regulatory bodies to influence the economy's behavior and outcomes.

Economic Growth

The escalation in the real value of goods and services an economy produces, adjusted for inflation, across a timeframe.

Economic Output

The total value of all goods and services produced by an economy over a specific time period.