Which of the Following Three Statements Are Correct

question 90

Multiple Choice

Which of the following three statements are correct?
I.A profit center has control over both cost and revenue.
II.An investment center has control over invested funds,but not over costs and revenue.
III.A cost center has no control over sales.

• A)Only I
• B)Only II
• C)Only I and III
• D)Only I and II

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Definitions:

E-Contract

A contract that is created, signed, and maintained in digital form, often facilitated through electronic means like websites or email.

Clickwrap Contracts

Agreements where acceptance is expressed by clicking a button or checking a box indicating agreement to the terms before proceeding with a service or transaction.

Unenforceable

A term describing a contract or clause that’s legally invalid and cannot be enforced in court.

Enforceable Agreement

A legally binding contract recognized by law, whereby the parties involved are obligated to fulfill the terms.