A Responsibility Center for Which a Separate Measure of Revenues

question 41

Multiple Choice

A responsibility center for which a separate measure of revenues and costs is obtained is called a(n) ________.

• A)cost center
• B)contribution center
• C)contribution margin center
• D)segment

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Definitions:

Randomly Selected

A method of selection where each member of a population has an equal chance of being chosen without bias.

Car Accident

An incident involving one or more vehicles where damage or injury occurs.

Probability

A numeric expression, between 0 and 1, indicating the probability of an event's occurrence.

Foul Shots

Attempts to score points from the free-throw line following a foul in basketball games.