A Cost Center Manager

question 75

Multiple Choice

A cost center manager:

• A) does not have the ability to produce revenue.
• B) may be involved with the sale of new marketing programs to clients.
• C) would normally be held accountable for producing an adequate return on invested capital.
• D) often oversees divisional operations.
• E) may be the manager who oversees the operations of a retail store.

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Definitions:

Reducing Inequality

Efforts or policies aimed at decreasing income and wealth disparities among individuals or groups.

Personal Capital

Financial assets or investments owned by an individual, contributing to their net worth.

Compensating Differentials

Wage differences across jobs that reflect the desirability of the job attributes, compensating workers for job inconveniences or hazards.

Distributional Justice

The ethical principle concerned with the fair allocation of goods, wealth, or resources among individuals in a society.