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Which of the following is not true regarding the accomplishments of Theodore Thomas?
Revenue Centre
A segment or area of a business responsible for generating sales and revenue, without direct responsibility for profit or cost.
Investment Centre
A business unit or division within an organization that is responsible for generating its own revenues and managing its own investments and expenses.
Profit Centre
A business unit or department within an organization that is responsible for generating its own revenue and profit.
Cost-Plus Transfer Price
A pricing method where the selling price of a product is determined by adding a specific markup to the product's cost.
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