Which of the Following Would Be Considered a Profit Center

question 46

Multiple Choice

Which of the following would be considered a profit center?

• A) A company's accounting department
• B) A company's sales department
• C) A company's product line
• D) A company's operating divisions

---

Definitions:

Market Rate

The prevailing interest rate or cost of borrowing expressed as a percentage, available in the financial markets.

Economic Conditions

Refers to the state of a country's economy at a certain time, including factors like inflation, unemployment, and GDP growth.

Straight-Line Method

A depreciation technique that allocates an equal amount of depreciation to each year over the asset's useful life.

Double-Declining-Balance Method

A method of depreciation that provides for a declining periodic depreciation expense over the expected useful life of an asset.