1. Responsibility reports for a profit center includes:

a.

revenues only.

b.

invested capital.

c.

both revenues and costs.

d. returns on investments.

2.

Brad, one of the managers of a multi-national company, isresponsible to generate revenues and control costs in order toincrease the operating income of his division. However, he is notconcerned with investment-related decisions. Brad is most likely tobe the manager of a(n):

	a.	cost center.
	b.	investment center.
	c.	profit center.
	d.	revenue center.

Answer rating: 100% (QA)

ANSWER 1 B invested capital Invested capital is the total amount of money raised by a company by iss... View the full answer