Which of the Following Responsibility Centres Use a Performance Report

question 33

Multiple Choice

Which of the following responsibility centres use a performance report that compares only actual revenues and budgeted revenues?

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

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Definitions:

Questioned

To be asked for information or clarification, often in the context of a legal examination or investigation.

Red Flag

A warning signal indicating potential problems or dangers.

Liability

A legal responsibility or obligation, often associated with a claim against someone in a court of law.

Tobacco

A plant product cultivated primarily for its leaves, which are dried and fermented before being used in smoking products, snuffs, chew, and for cigars.