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:

Developmental Psychologist

A professional who studies the psychological growth and changes that occur throughout a person's life, from infancy to old age.

Mentally

Pertaining to the mind, or involving cognitive processes such as thinking, reasoning, and remembering.

Empirical Evidence

Information acquired by observation or experimentation that is used to confirm or disprove a hypothesis or theory.

Anecdotes

Short, often amusing or interesting stories about a real incident or person, typically used to illustrate a point.