Q603
Centers such as revenue, cost, investment and profit all are known as
A.
marketing center
B.
financial center
C.
responsibility center
AnswerD.
planning center
Answer: Option C
Solution
Answer: Option C
Solution:
Centers such as revenue, cost, investment and profit all are known as responsibility center. A responsibility center is a functional entity within a business that has its own goals and objectives, dedicated staff, policies and procedures, and financial reports.