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If an Attempt Is Made to Identify and Accumulate the Revenue

question 86

Short Answer

If an attempt is made to identify and accumulate the revenue and cost data for a specific segment of a company, that segment is called a(n)-------------center.


Definitions:

Macroeconomics

The branch of economics dealing with the structure, performance, behavior, and decision-making of an economy as a whole, rather than individual markets.

Microeconomics

The branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources.

Margin

The difference between the selling price of a product or service and its production or acquisition costs, often expressed as a percentage of the selling price.

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