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Match the appropriate definition (a)through (h)with the following terms:
(a) A department whose manager is judged on the ability to generate revenues in excess of the department's costs.
(b) Costs that are incurred for the joint benefit of more than one department.
(c) A factor that causes the cost of an activity to go up and down.
(d) A center whose manager is responsible for using the center's assets to generate income for the center.
(e) Provides information that management can use to evaluate the performance of a department's managers.
(f) Compares actual and budgeted costs and expenses under the control of a manager.
(g) A department whose manager is judged on the ability to control costs by keeping them within a satisfactory range.
(h) Departmental sales in excess of its direct costs and expenses.
__________ (1) Investment center
__________ (2) Performance report
__________ (3) Cost center
__________ (4) Departmental contribution to overhead
__________ (5) Cost driver
__________ (6) Profit center
__________ (7) Indirect expenses
__________ (8) Responsibility accounting system
Sternum
A flat bone located in the center of the chest, serving as a major attachment point for ribs and protecting vital chest organs.
Axial
The term axial refers to positions, structures, or movements that are situated around, or part of, the central axis of the body or an organ.
Temporal Bone
A large bone in the skull that houses structures of the ear and participates in the formation of the sides and base of the skull.
Sphenoid Bone
A complex bone at the base of the skull that supports the brain, forms part of the eye socket, and contains the sphenoidal sinuses.
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