A Responsibility Center Which Measures Performance in Terms of the Difference

question 79

Multiple Choice

A responsibility center which measures performance in terms of the difference between revenues (which measure production) and expenditures (which measure resources) is a(n)

• A) investment center.
• B) revenue center.
• C) expense center.
• D) profit center.
• E) standard cost center.

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Definitions:

Mineral Grains

individual particles or crystals within a rock, defining its texture and often determining its properties and classification.

Cenozoic

The current geological era, beginning 66 million years ago, marked by significant development of mammals.

Geologic Timescale

A chronological dating system used by geologists and other scientists to describe the timing and relationships of events in Earth's history.

Geologic Timescale

A system of chronological dating that classifies geological strata in time, used by geologists, paleontologists, and other Earth scientists to describe the timing and relationships of events in geologic history.