A Responsibility Center in Which the Department Manager Has Responsibility

question 88

True/False

A responsibility center in which the department manager has responsibility for and authority over costs, revenues, and assets invested in the department is termed a cost center.

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Definitions:

Administrator Account

A user account with elevated privileges, often providing unrestricted access to the software's capabilities or system's settings.

Functional Categories

Encompasses the groupings of words in linguistics that serve grammatical purposes, unlike lexical categories that add content or meaning to the discourse.

Defragment

The process of consolidating fragmented files on a disk to improve the system's efficiency.

Optimize

The process of making something as effective or functional as possible, often through improving the efficiency of the operation or design.