The Performance Report for Which of the Following Responsibility Centres

question 14

Multiple Choice

The performance report for which of the following responsibility centres would typically include revenues and costs?

• A) Cost centre
• B) Sales centre
• C) Revenue centre
• D) Profit centre

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Definitions:

Infinite Number

A quantity without bound or end, often used in mathematics to describe sizes or quantities larger than any natural number.

Mathematical Formula

A concise way of expressing information symbolically or a rule for calculating numerical values based on certain mathematical operations.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values; a high standard deviation indicates greater variability.

Standard Normal Distribution

A normal distribution with a mean of 0 and a standard deviation of 1, used in z-score calculations to determine probabilities.