A Segment of a Business Responsible for Both Revenues and Expenses

question 217

Multiple Choice

A segment of a business responsible for both revenues and expenses would be called:

• A) a cost center.
• B) an investment center.
• C) a profit center.
• D) residual income.

---

Definitions:

Moderately Difficult Goals

Objectives that are challenging yet achievable, often motivating individuals to perform better.

Periodic Feedback

Regular and systematic provision of evaluative information on performance or progress, intended to guide future improvements.

Shared Responsibility

The concept of distributing the duties and obligations among various parties to ensure collective accountability and efficiency.

Market Share

The percentage of an industry or market's total sales that is earned by a particular company over a specified time period.