Which of the Following Is FALSE Concerning Profit Centres and Cost

question 70

Multiple Choice

Which of the following is FALSE concerning profit centres and cost centres?

• A)A profit centre can exist within a centralized organization.
• B)A profit centre can exist within a decentralized organization.
• C)A cost centre can exist within a centralized organization.
• D)A cost centre can exist within a decentralized organization.
• E)If a profit centre exists within a centralized organization, there cannot be any cost centres in the organization.

---

Definitions:

Cross-Classification Table

A cross-classification table displays the frequency distribution of variables in a table format, facilitating the analysis of the relationship between two or more categorical variables.

Cross-Classification Table

A table used to display the frequency distribution among variables, showing how many times each combination of variable categories occurs.

Relative Frequencies

The proportion of times that a certain event occurs relative to the total number of outcomes.

Cross-Classification Table

A table that displays the frequency distribution of two or more categorical variables.