Describe how the responsibilities of a manager might differ between a cost center, a profit center, and

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Describe how the responsibilities of a manager might differ between a cost center, a profit center, and an investment center. How do the reports differ for each?

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Fundamental Managerial Accounting Concepts

ISBN: 978-1259569197

8th edition

Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds

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Posted Date: Mar 10, 2024 10:59 AM

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Describe how the responsibilities of a manager might differ between a cost center, a profit center, and

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Cost Center In a cost center the primary responsibility of a manager is to control and manage costs effectively The manager focuses on ensuring that t... View the full answer

Fundamental Managerial Accounting Concepts

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