Gretzel Had the Following Financial Results for Last Month

question 152

Multiple Choice

Gretzel had the following financial results for last month.Which type of responsibility center do these financial results reflect? 11ea84ce_c526_1c82_83dc_1ba18d6ee5c8

• A)Revenue center
• B)Profit center
• C)Investment center
• D)Cost center

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Definitions:

Bakers

Professionals who prepare and bake breads, pastries, and other baked goods.

Steamed Milk

Milk that has been heated and aerated through the introduction of steam, often used in coffee beverages.

Equilibrium Quantity

The quantity of goods or services supplied that is exactly equal to the quantity demanded at the market equilibrium price.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in a balance between production and consumption.