Indicate Whether Each of the Following Statements About Responsibility Centers

question 123

Short Answer

Indicate whether each of the following statements about responsibility centers is true or false.
A responsibility center controls identifiable revenue or expense items.______
To be designated as a responsibility center,a department need not be a large segment of an organization.______
A cost center generates revenues and expenses.______
Investment centers are commonly found at upper levels of the organization chart.______
The manager of a profit center is evaluated based primarily on his/her ability to control costs.______

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Definitions:

Bribe

Offering something of value, typically money, with the intention to influence someone's actions or decisions unethically or illegally.

Resistance

Opposition or pushback encountered when attempting to initiate change or introduce new ideas, often due to reluctance to adapt.

Persuasion

The act of convincing others to change their attitudes, beliefs, or actions through arguments or appeal.

Audience Attitudes

Audience attitudes refer to the predispositions or feelings a specific group of people holds towards a particular topic, speaker, or message, influencing how they receive and interpret communication.