Distinguish between a profit center and an investment center. Draw a diagram illustrating the relationship between cost,
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 38% (13 reviews)
Managers of profit centers have responsibility for both cost c...View the full answer
Answered By
Usman Nasir
I did Master of Commerce in year 2009 and completed ACCA (Association of Chartered Certified Accountants) in year 2013. I have 10 years of practical experience inclusive of teaching and industry. Currently i am working in a multinational company as finance manager and serving as part time teacher in a university. I have been doing tutoring via many sites. I am very strong at solving numerical / theoretical scenario-based questions.
4.60+
16+ Reviews
28+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Differentiate between a profit center and an investment center.
-
Explain the differences between a Profit Center and Expense Center. Give examples.
-
Differentiate between a profit center and an investment center. Discuss.
-
Solve the linear equation with the x-intercept method. Check your answer. Approximate the solution to the nearest thousandth whenever appropriate. 2x = -(3x)
-
The electric field of an EM wave is given by Ez = Em sin (kywt+p/6), Ex=0, and Ez = 0. (a) In what direction is this wave traveling? (b) Write expressions for the components of the magnetic field of...
-
Make a sketch showing the directions of the magnetic forces exerted on each other by (a) an electron moving in the same direction as the current through a wire, (b) a moving charged particle and a...
-
A coal barge \(1000 \mathrm{ft}\) long and \(100 \mathrm{ft}\) wide is submerged a depth of \(12 \mathrm{ft}\) in \(60^{\circ} \mathrm{F}\) water. It is being towed at a speed of \(12 \mathrm{mph}\)....
-
Bird-Bath, Inc., experienced four situations for its supplies. Compute the amounts that have been left blank for each situation. For situations 1 and 2, journalize the needed transaction. Consider...
-
Charge q 1 = 7 nC is located at the coordinate system origin, while charge q 2 = 0 . 5 5 nC is located at ( a , 0 ) , where a = 0 . 7 5 m . The point P has coordinates ( a , b ) , where b = 0 . 2 5 m...
-
A system has the following differential equation: Determine Φ(t) and its transform Φ(s) for the system. 0 0 2
-
What types of variances are found on cost center reports Explain what each variance is measuring and why this information is important?
-
Discuss any separation of duties necessary to control against unauthorized entries to the general ledger. What other control procedures regarding the general ledger should be employed?
-
Print a summary report for all data flow components that do not have a description.
-
How can organizations structure themselves to support social media marketing?
-
What is the underlying structure of a network?
-
Should online services like Facebook and Google Docs be free? Poll your classmates and friends (including your social network) to find out what they think should be free. Use the polling features...
-
Are branded offers in social games ethical? Choose a side and debate this issue with a classmate. Then post your opinions and find out what your social graph thinks of this common practice.
-
How are brands using original digital video as a social entertainment tactic?
-
What requirements should a digital signature scheme satisfy?
-
6 (a) Briefly develop a mathematical model of the behaviour of a copper-twisted pair cable (b) Derive the magnetic energy from: w given that: K + w, where the - - k symbols have their usual meaning...
-
Which of the following expressions evaluate to true? Select the two correct answers. (a) (false | true) (b) (null != null) (c) (4
-
Which of the following statements is not correct? a. Database systems resolve task data dependency b. The flat-file model encourages data redundancy c. A primary goal of database systems is to...
-
Which of the following is NOT an advantage of real-time processing of files over batch processing? a. shorter transaction processing time b. reduction of inventory stocks c. improved customer...
-
Which of the following statements is NOT true? a. Sorting records that are coded alphabetically tends to be more difficult for users than sorting numeric sequences. b. Mnemonic codes are limited in...
-
Two blocks are stacked on top of one another (7 kg and 12 kg). A 50 N force is applied to the bottom block. There is 8 N of friction between the bottom block and the desk. Show a free body diagram...
-
2) A load of bricks with mass m = 15.0 kg hangs from one end of a rope that passes over a massless, frictionless pulley. A counterweight of mass m2 = 28.0 kg is suspended from the other end of the...
-
The figure below shows forces acting at various points on a metal shaft. The angles a = 40, = 29, y = 17. The length = 4.4 m. Find the net torque (in N m) on the shaft about the following axes. 25 N...
Study smarter with the SolutionInn App