Which of the Following Statements Regarding Cost Centers Is Incorrect

question 56

Multiple Choice

Which of the following statements regarding cost centers is incorrect?

• A) Cost centers are units within a business that incur expense but do not have responsibility for generating revenue.
• B) Cost centers tend to be found at upper levels on a company's organization chart.
• C) A manager of a cost center has less responsibility than a manager in an investment center.
• D) Cost center managers are evaluated on their ability to control costs and keep within budget.

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Definitions:

Paracrine

A form of cell signaling where cells communicate by releasing molecules that affect nearby target cells in the local area.

Chemicals Produced by Neurons

Substances, including neurotransmitters and hormones, synthesized and released by neurons to transmit signals across synapses to other neurons, muscle cells, or glands.

Nuclear Receptor Model

Describes the mechanism by which certain types of receptors within cells bind to specific molecules, like hormones, and regulate gene expression.

Messenger RNA

A type of RNA that conveys genetic information from DNA to the ribosome, where it specifies the amino acid sequence of the protein products.