Examlex
Which of the following statements is false?
Cost of Goods Sold
Costs directly connected to the creation of a company's sold goods, covering materials and workforce expenses.
Profit Center
A branch or division of a company that is responsible for its own revenues and expenses, and thus its own profitability.
Generates Revenues
The process of creating income for a business through various activities such as sales, services, and investments.
Cost Center
A department or segment within a business that does not directly generate revenue but incurs costs, used for performance evaluation and budgeting.
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