In a ________,The Manager Is Responsible for Generating Revenues and Controlling

question 15

Multiple Choice

In a ________,the manager is responsible for generating revenues and controlling costs.

• A) cost center
• B) profit center
• C) revenue center
• D) transfer pricing center

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Definitions:

Payback Period

The time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.

Average Income

The mean amount of money earned over a specified period by an individual or entity.

Operations

The day-to-day activities involved in running a business or manufacturing process, focusing on efficiency and effectiveness.

Payback Period

The length of time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.