Which of the Following Would Be a Responsibility of a Manager

question 32

Multiple Choice

Which of the following would be a responsibility of a manager in a cost centers?

• A)costs only.
• B)revenues only.
• C)both costs and revenues.
• D)revenues,costs,and assets.

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Definitions:

Free-Rider

An individual who benefits from resources, goods, or services without paying for the cost of the benefit.

Market Forces

The economic factors affecting the price, demand, and availability of goods and services in a free market, primarily driven by supply and demand.

Free of Charge

A situation or service where no payment is required to obtain a good or service.

Rival

In economics, a rival good is one whose consumption by one person reduces its availability for another person.