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Assets Invested in a Responsibility Center Are Included in a Performance

question 147

Multiple Choice

Assets invested in a responsibility center are included in a performance report of a:  Profit Center  Cost Center  A.  Yes  No  B.  Yes  Yes  C.  No  No  D.  No  Yes \begin{array} { | l | c | c | } \hline & \text { Profit Center } & \text { Cost Center } \\\hline \text { A. } & \text { Yes } & \text { No } \\\hline \text { B. } & \text { Yes } & \text { Yes } \\\hline \text { C. } & \text { No } & \text { No } \\\hline \text { D. } & \text { No } & \text { Yes } \\\hline\end{array}


Definitions:

Conflict Resolution

The removal of the substantive and emotional reasons for a conflict.

Teamwork

Collaborative effort by a group to achieve a common goal or complete a task in the most effective and efficient way.

Organization Design

The process of structuring an organization's roles, responsibilities, and systems to effectively achieve its goals and adapt to environmental changes.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives based on the expected outcomes.

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