A Segment of a Business Responsible for Both Revenues and Expenses

question 217

Multiple Choice

A segment of a business responsible for both revenues and expenses would be called:

• A) a cost center.
• B) an investment center.
• C) a profit center.
• D) residual income.

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Definitions:

Environmental Creation

The process of developing or modifying habitats or surroundings to achieve specific objectives.

Servant Leader

A leadership philosophy that focuses on serving others first, prioritizing the well-being and development of team members.

Group Members

Individuals who belong to a specified collective or team, contributing to its goals, activities, and dynamics.

Achieve Goals

The process of identifying desired outcomes and taking steps to accomplish them.