What Is a Manager of a Cost Centre Responsible For

question 95

Multiple Choice

What is a manager of a cost centre responsible for?

• A)delivering a quality product or service at reasonable but minimal cost
• B)making decisions about investing in capital equipment
• C)making decisions regarding revenue generation
• D)delivering a quality service at a minimal cost

---

Definitions:

Efficient Amount

The level of production or consumption that maximizes welfare and minimizes waste within an economy, often used in reference to optimal resource allocation.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and is a major component of the carbon cycle.

Public Goods

Goods that are non-rivalrous and non-excludable, meaning they can be used by everyone without preventing others from using them too.

Unregulated Market

A market where economic activities are not controlled by government policies or restrictions.