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Which of the Following Statements Is False

question 105

Multiple Choice

Which of the following statements is false?


Definitions:

Profit Center

A segment of a business that is responsible for generating its own revenue and profit.

Manager's Performance

Evaluation of how effectively a manager meets objectives and achieves goals.

Support Department Allocation Rate

A rate used to charge internal support department costs to producing departments based on usage or benefit derived.

Internal Centralized

A management structure where decisions are made by a few key individuals or a central body within the organization.

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