When Managers Are Held Responsible for Costs but the Input-Output

question 160

Multiple Choice

When managers are held responsible for costs but the input-output relationship is not well specified, a(n) ________ is established.

• A) standard cost center
• B) revenue center
• C) discretionary cost center
• D) asset center

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Definitions:

Framingham Heart Study

A long-term, ongoing cardiovascular cohort study of residents of the city of Framingham, Massachusetts, that seeks to identify common factors or characteristics that contribute to cardiovascular disease.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, such as coronary artery disease and stroke.

Cardiovascular Disease

Refers to a class of diseases that involve the heart or blood vessels, such as coronary artery disease and stroke.

Eastern Europe

A region comprising the eastern part of the European continent, often including countries such as Russia, Poland, and Hungary.