Distinguish between a cost center, a profit center, and an investment center.
Question:
Distinguish between a cost center, a profit center, and an investment center.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (20 reviews)
The manager of a cost center has control over cost ...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Question Posted:
Students also viewed these Managerial Accounting questions
-
Distinguish between a cost and an expense.
-
Distinguish between a profit center and an investment center. Draw a diagram illustrating the relationship between cost, profit, and investment centers.
-
What is the difference between a cost center and a profit center? Between a profit center and an investment center?
-
1. Jowel, the financial manager for Berjayasama Bhd, wishes to evaluate three potential investments: Investment A, Investments B and Investment C. Table 1 shows the expected returns. You have been...
-
The National Center for Health Statistics published the following data on the leading causes of death in 2010 in National Vital Statistics Reports. Deaths are classified according to the tenth...
-
ST is a distribution company that buys a product in bulk from manufacturers, repackages the product into smaller packs and then sells the packs to retail customers. ST?s customers vary in size and...
-
Consider the gasoline mileage data in Table B.3. a. Does the correlation matrix give any indication of multicollinearity? b. Calculate the variance inflation factors and the condition number of...
-
Assume that the Clampton Company in the previous problem expects to pay income taxes of 40 percent and that a loss on the sale or disposal of equipment is treated as an ordinary deduction, resulting...
-
S Tiger Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the Bank for long-term loan Cash paid to purchase...
-
The objective of this project is to explore applying data analytics tools to address a business question/problem, and communicate insights derived from your interpretation of your analytics results....
-
What benefits result from decentralization?
-
What is a segment of an organization? Give several examples of segments.
-
Explain the meaning of overtrading.
-
1 Stride Records simultaneously borrows Chilean pesos at 13% and invests in dollars at 10% both for one year. At the time of these transactions, the spot rate for the pesos is $0.095. If the spot...
-
Calculate the total asset turnover if a company has net sales of $ 7 5 , 0 0 0 , cost of goods sold of $ 3 0 , 0 0 0 , and average total assets of $ 1 5 0 , 0 0 0
-
Kelly has the following income: Salary 85,850 Net interest on securities 1800 Lottery winnings 2,500 Dividends 23,150 What is her income tax liability?
-
Gene and Tina are playing darts. Gene hasn't played before and when he throws his first dart, he throws it from exactly the same height as the bullseye and throws horizontally at the bullseye. He...
-
In understanding neurodevelopmental and neurocognitive disorders, what stigmas have you observed being intentionally or as a collateral consequence created by state/school policies that work as a...
-
Indicate whether each of the following statements is true or false by writing T or F in t he a nswer c olumn. Another, perhaps better, name for the concept of contributory negligence might be...
-
In the synthesis of the keto acid just given, the dicarboxylic acid decarboxylates in a specific way; it gives Explain. HO rather than HO
-
How is the biasvariance trade-off related to the issue of overfitting and underfitting? Is high bias associated with overfitting and underfitting, and why? High variance?
-
Hoi Chong Transport, Ltd; operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 105,000 kilometers during a year, the average operating cost is 11.4...
-
Hoi Chong Transport, Ltd; operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 105,000 kilometers during a year, the average operating cost is 11.4...
-
Hoi Chong Transport, Ltd; operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 105,000 kilometers during a year, the average operating cost is 11.4...
-
Figure out, salaries, net income, add net income with retained earnings and totally stockholder equity , ?accounts payable and total liabilities and stockholders equity RILEY, INCORPORATED Statement...
-
Determine the material inventory balance at the end of may? Received Issued Receiving Received Materials Report Number Received Quantity Unit Price Requisition Number Issued Quantity Issued Balance...
-
During October 2 0 2 3 , Fern Field Farms, Inc. received $ 1 0 , 0 0 0 from customers in exchange for fruit and vegetables. During the same month, the company paid $ 2 , 0 0 0 to employees, $ 5 0 0...
Study smarter with the SolutionInn App