Which of the Following Managers Is Likely to Have the Least

question 111

Multiple Choice

Which of the following managers is likely to have the least amount of responsibilities?

• A) the manager of a cost center
• B) the manager of a profit center
• C) the manager of an investment center
• D) the manager of a transfer pricing center

---

Definitions:

Reporting Unit

A component of an organization for which discrete financial information is available and is reviewed regularly by the operations’ segment manager.

SEC

Stands for the Securities and Exchange Commission, which is a U.S. federal agency responsible for enforcing federal securities laws and regulating the securities industry, including stock and options exchanges.

Par Value

The face value of a bond or stock as designated by the corporation at the time of issuance.