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A Profit Center Is an Organizational Segment in Which the Manager

question 59

True/False

A profit center is an organizational segment in which the manager is responsible for costs and revenues,but not investments in assets.


Definitions:

Daily Life

The routine occurrences, activities, and experiences that constitute a person's normal day.

Constructs

Abstract concepts or theoretical entities that are used to understand and explain patterns of behavior or cognitive processes.

Physiological Needs

Fundamental human needs for survival, such as food, water, shelter, and air, as described in Maslow's hierarchy.

Situations

Contexts or sets of circumstances that affect individuals' behavior and decisions.

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