The Type of Department That Generates Revenues and Incurs Costs,and

question 5

Multiple Choice

The type of department that generates revenues and incurs costs,and its manager is responsible for the investments made in operating assets is called a(n) :

• A)Profit center
• B)Cost center
• C)Service department
• D)Investment center
• E)Responsibility center

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Definitions:

Solid Coating

A layer of solid material applied to a surface for protection, decoration, or functional purposes.

Liquid

A state of matter that is fluid, conforms to the shape of its container, and retains a (nearly) constant volume independent of pressure.

Different Materials

Varying substances or compounds with distinct physical and chemical properties used in various applications.

Chromatography

A method used to separate and analyze components of a mixture by passing it through a medium where components move at different rates.