A Unit of a Business That Not Only Incurs Costs

question 142

Multiple Choice

A unit of a business that not only incurs costs, but also generates revenues, is called a:

• A) Performance center.
• B) Profit center.
• C) Cost center.
• D) Responsibility center.
• E) Expense center.

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Definitions:

Feedback Workshop

A session designed to provide constructive criticism and guidance, aiming to improve skills or understanding in a particular area.

Facilitator

An individual who makes actions or processes easier, often by leading and guiding groups to achieve their objectives.

Bank Managers

Individuals responsible for overseeing the operations and financial success of banks.

Feedback

Information provided to individuals regarding their performance or behavior aimed at improving future outputs.