An Operating Unit That Is Responsible for Only Costs Is

question 29

Multiple Choice

An operating unit that is responsible for only costs is commonly referred to as a(n) :

• A) cost center.
• B) revenue center.
• C) profit center.
• D) asset center.

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Definitions:

Gestalt Psychology

A theory of mind and brain positing that the operational principle of the brain is holistic, parallel, and analog, with self-organizing tendencies.

Functionalism

A perspective in psychology that focuses on the purpose of consciousness and behavior in adapting to the environment.

Health Care Settings

Environments where health care services are provided, such as hospitals, clinics, and long-term care facilities.

Private Practice

The business of a professional practitioner, such as a doctor or lawyer, conducted independently and not as part of an organization or institution.