A Responsibility Center in Which a Manager Is Responsible for Revenues

question 12

Multiple Choice

A responsibility center in which a manager is responsible for revenues, cost, and investment is a(n)

• A) cost center.
• B) revenue center.
• C) profit center.
• D) investment center.
• E) None of these.

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Definitions:

Product Knowledge

The understanding and information a person has about a product’s features, benefits, and use, which can influence the effectiveness of sales and customer service.

Retailer's Inventories

The range of goods and merchandise that a retailer has on hand and available for sale to customers.

Partnership Agreement

A legal document that outlines the rights, responsibilities, and other operational details among the partners in a business partnership.

Green Grow Landscaping

A hypothetical or specific business focused on providing landscaping services, possibly including design, maintenance, and gardening.