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Commerce · Q543

Costing

Graduate and Post Graduate · Commerce · question 543

Q543

A manager, who is responsible for both cost and revenues belongs to department of

A.
cost center
B.
revenue center
C.
profit center
Answer
D.
investment center

Answer: Option C

Solution

Answer: Option C
Solution:
A manager, who is responsible for both cost and revenues belongs to department of profit center. A profit center is a branch or division of a company that directly adds to the corporation's bottom-line profitability.