-Using the Above Figure, Which of the Following Is TRUE

question 45

Multiple Choice

-Using the above figure, which of the following is TRUE?

• A) Axis 1 is typically called the y-axis.
• B) Axis 1 is also known as the origin.
• C) Axis 2 is typically called the x-axis.
• D) Point b is known as the origin.

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Definitions:

Cost Center

is a segment of a business that does not directly generate revenue but incurs costs, like a human resources department.

Generates Revenues

The process through which a business earns income from its normal operations, typically through the sale of goods and services.

Profit Center

A unit or department that incurs costs and generates revenues.

Revenue Center

A division or unit within a business responsible for generating significant income.