An Operating Unit That Is Responsible for Revenues Only Is

question 86

Multiple Choice

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

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

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Definitions:

Timely Payments

Refers to the act of paying dues or bills on or before the due date.

Loans

Money that is borrowed, often from a bank, that is expected to be paid back with interest.

Probability

An assessment of the chance that an event will take place.

Coin

A flat, typically round piece of metal with an official stamp, used as money or in games.