A(n) _____ manager has the responsibility and authority for making decisions that affect revenues and costs but does not make decisions concerning the fixed assets invested in the center.

a.revenue center

b.cost center

c.profit center

d.investment center

Under the _____, the transfer price is the price at which the product or service transferred could be sold to outside buyers.

a.negotiated price approach

b.market price approach

c.DuPont approach

d.cost approach

A(n) _____ manager has the responsibility and the authority to make decisions that affect not only costs and revenues but also the assets invested in the center.

a.investment center

b.revenue center

c.profit center

d.cost center