An Operating Unit of an Organization Is Called a Profit

question 155

Multiple Choice

An operating unit of an organization is called a profit center if it is responsible:

• A) only for costs.
• B) only for revenues.
• C) for costs and revenues.
• D) for investments in assets.

---

Definitions:

Degenerate

In mathematics and physics, it refers to a less general or simpler class of an entity or phenomenon with less symmetry or fewer distinctions.

Optimal Solution

An Optimal Solution refers to the best possible outcome or decision from a set of alternatives, often identified through processes like optimization in mathematics and computer science.

Transportation Model

A mathematical technique used for determining the optimal transportation route or method for minimizing cost and maximizing efficiency.

Optimum Solution

refers to the most favorable or best possible outcome or solution among various possibilities, often in the context of problem-solving or decision-making.