Examlex
Which of the following statements is not true regarding critical accounting?
Investment Center
A division or unit within a company that is responsible for its own revenues, expenses, and assets, and its performance is evaluated on its return on investment.
Generates Revenue
Activities or processes that result in the earning of income for a business through the sale of goods or services.
Incurs Costs
To undergo or suffer expenses during the execution of activities or operations.
Profit Center
A business segment or department within an organization that is responsible for generating its own revenue and thereby directly impacting profitability.
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