Cost Center

question 117

Multiple Choice

Cost center

• A)A department or unit that incurs costs without directly generating revenues.
• B)A center in which a manager is responsible for using the center's assets to generate income for the center.
• C)Costs that are incurred for the joint benefit of more than one department and cannot be readily traced to only one department.
• D)Costs readily traced to a specific department because they are incurred for the sole benefit of that department.
• E)Costs incurred to produce two or more products at the same time.
• F)Costs that a manager can strongly influence or control.
• G)A department that incurs costs and generates revenues.
• H)Assigns managers the responsibility for costs and expenses under their control.

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Definitions:

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An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to the growing baby and removing waste products.

Cross-Sequential Design

A research method that combines both longitudinal and cross-sectional study designs to analyze developmental patterns across different ages by observing different cohorts over time.

Behavior Genetics Design

A research method used to determine the role of genetic and environmental influences on individual behavior.