Acct 202 Spring 2018 Comstock Warren 13th Chapters 7,8,9 ROL, Variances,Decisions Test 3 Name Businesses that are separated into two or more manageable units in which managers have authority and responsibility for operations are said to be a. b. consolidated c. diversified d. centralized 2. Which of the following is not one of the common types of responsibdlity centers? a. COst center b. profit center c. investment center d. revenue cent er 3. A responsibility center in which the department manager has responsibility for and authority over costs and revenues is called a(m) a. profit center b. investment center c. volume center d. cost center 4. Responsibility accounting reports for profit ceaters will include a. costs only b. revenues only c. expenses and fixed assets d. revenues, expenses, net income or loss from operations . Blaser Corporation had $275,000 in invested assets, sales of $330,000, income from operations amounting to $33,000 and a desired minimum rate of return of 7.5%. The rate of return on investment for Blaser Corporation is a. 8.3% b. 10% c. 12% d. 7.5%