Vidyalelo
Commerce · Q546

Costing

Graduate and Post Graduate · Commerce · question 546

Q546

Manager who is responsible for investments of company, its costs and revenues is known as

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

Answer: Option B

Solution

Answer: Option B
Solution:
Manager who is responsible for investments of company, its costs and revenues is known as investment center. An investment center is a business unit that can utilize capital to contribute directly to a company's profitability.