In a Profit Center, the Manager Has Responsibility and Authority

question 148

Multiple Choice

In a profit center, the manager has responsibility and authority for making decisions that affect:

• A) liabilities
• B) assets
• C) investments
• D) costs

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Definitions:

Occupy Movement

A global protest movement against economic inequality and the influence of corporate money in politics, which started in 2011.

European Union

A political and economic union of 27 European countries that are located primarily in Europe, aiming to promote integration and economic cooperation among its members.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by widespread unemployment, poverty, and deflation, affecting many countries globally.

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A global conflict that occurred from 1914 to 1918, involving many of the world's nations and marked by significant military battles and political changes.