In Which of the Following Responsibility Centres Is a Manager

question 40

Multiple Choice

In which of the following responsibility centres is a manager responsible only for sales?

• A)a cost centre
• B)a revenue centre
• C)a profit centre
• D)an investment centre

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Definitions:

Creditors

Individuals or entities to whom money is owed by debtors.

Legal Actions

Formal steps taken within the judicial system, such as filing lawsuits or other court proceedings, to enforce or protect legal rights.

Bankruptcy Trustee

An official appointed by the court in bankruptcy cases to oversee and manage the debtor's estate, including the collection and disposition of assets.

Chapter 7

A provision of the U.S. Bankruptcy Code that involves the liquidation of a debtor's assets to pay off creditors.