During the 1870s and 1880s,which Technological Innovation Was NOT Introduced

question 22

Multiple Choice

During the 1870s and 1880s,which technological innovation was NOT introduced?

• A)the roller mill to process oatmeal
• B)steel-bottomed stills
• C)long-distance pipelines
• D)the typewriter
• E) All of the above are correct.

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Definitions:

Profit Center

A responsibility center that incurs costs and also generates revenues.

Average Operating Assets

The average value of the assets used in the normal operations of a business over a certain period, often used in evaluating the performance of investment centers.

Controllable Margin

A financial metric used to assess the amount of profit that can be controlled or influenced by managerial decisions.

Cost Center

A responsibility center that incurs costs but does not directly generate revenues.