Indicate Whether Each of the Following Statements About Responsibility Centers

question 8

Short Answer

Indicate whether each of the following statements about responsibility centers is true or false.
_____ a) A responsibility center controls identifiable revenue or expense items.
_____ b) To be designated as a responsibility center, a department must be a large segment of an organization.
_____ c) A cost center generates revenues and expenses.
_____ d) Cost centers are commonly found at all levels of the organization chart.
_____ e) The manager of a profit center is evaluated based primarily on his/her ability to control costs.

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Definitions:

Cigarette Smoking

Refers to the act of inhaling and exhaling the smoke produced by burning tobacco in cigars, cigarettes, and pipes.

Infant Development

Infant development encompasses the physical, cognitive, emotional, and social growth that occurs in babies from birth to the end of their second year.

Postnatally

Pertaining to the period immediately following the birth of an offspring.

Radiation

The emission of energy as electromagnetic waves or as moving subatomic particles, especially high-energy particles that cause ionization.