Examlex
Which of the following describes the minstrel shows that became popular in American cities in the 1840s?
Profit Center
A segment or division of a company that is directly responsible for generating its own revenue and profit.
Cost Center
A department or function within a business to which costs are charged for accounting purposes, but does not directly generate revenue.
Investment Center
A business unit or segment within an organization that is responsible for its own revenues, expenses, and investments in assets.
Gross Profit
The difference between revenue and the cost of goods sold, indicating the efficiency of a company in managing its labor and supplies in the production process.
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