Which of the Following Managers Is Likely to Have the Most

question 7

Multiple Choice

Which of the following managers is likely to have the most diverse responsibilities?

• A) the manager of a cost center
• B) the manager of a profit center
• C) the manager of an investment center
• D) the manager of a revenue center

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on part of the company’s profits.

Historical Rate

A foreign exchange rate used to evaluate assets or liabilities, denoting the rate at a specific past date.