Q193
Responsibility Centre can be categorised into:
A.
Cost Centres only
B.
Profit Centres only
C.
Investment Centres only
D.
Cost Centres, Profit Centres and Investment Centres
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Responsibility Centre can be categorised into Cost Centres, Profit Centres and Investment Centres. Responsibility centers are often categorized by the degree of authority and responsibility given to the manager.