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A Cost Center Is an Organizational Segment in Which the Manager

question 46

True/False

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


Definitions:

Regional

Relating to or characteristic of a specific geographic area or territory within a country or across countries.

Social Media

Online platforms that enable users to create and share content or participate in social networking.

Market Segmentation

Splitting up a large market, encompassing both potential and existing customers from the consumer or business sector, into smaller segments based on similar characteristics.

Active Users

Individuals who have engaged with a software application, website, or online platform within a specific period, indicating a level of engagement or interest.

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