Select the Term from Below to Match with the Correct

question 59

Multiple Choice

Select the term from below to match with the correct statement.
-A(n) ___________ is a responsibility center in which a manager is responsible only for costs.

• A)centralization
• B)revenue center
• C)profit center
• D)cost center
• E)investment center
• F)decentralization

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Definitions:

Conventional

Pertaining to commonly accepted standards or methods, often in contrast to innovative or unconventional approaches.

Moral Development

The process through which individuals acquire the standards of right and wrong that guide behavior, rooted in cognitive development.

Moral Reasoning

The process through which individuals make decisions about what is right or wrong based on personal, philosophical, or cultural beliefs.

Lawrence Kohlberg

Lawrence Kohlberg was an American psychologist best known for his theory of stages of moral development, which suggests that moral reasoning matures through a series of stages as individuals grow.