Question: How does a cost center differ from either an investment center or a profit center? (A) A cost center recognizes neither revenues nor computes income.

How does a cost center differ from either an investment center or a profit center?

(A) A cost center recognizes neither revenues nor computes income.

(B) Cost centers are a much less common component of current business organizations, given the increased emphasis on value chain analysis.

(C) A cost center is always smaller than either an investment center or a profit center.

(D) None of these

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

I need only the answers please try to do your best yesterday someone give all incorrect answers. i have only two hours for complete this test. Only two hours. Which of the following budgets is...

Q:

I need only the answers please try to do your best yesterday someone give all incorrect answers. i have only two hours for complete this test. Only two hours. Which of the following budgets is...

Q:

14. Which of the following statements about budgeted financial statements is not true? (Points : 4) A.Budgeted financial statements need to adhere to the same format as the audited financial...

Q:

In what way does a cost center differ from either an investment center or a profit center? Select one: A . Cost centers are a much less common component of current business organizations, given the...

Q:

In what way does a cost center differ from either an investment center or a profit center? Question 27Select one: a. Cost centers are a much less common component of current business organizations,...

Q:

Hello, can you help me with this? Thank you in advance. ACC122final Exam-New W2016 REV1 Revised 02/06/16 200 Points Chapters 20, 21, 22, 23, 24 Name _____________________________ 1. List the...

Q:

Answer All Questions Using The Same Document Please try to show all Work ACC122final Exam-New W2016 REV1 Revised 02/06/16 200 Points Chapters 20, 21, 22, 23, 24 Name _____________________________ 1....

Q:

I need questions 1-4 answered. Use the same document to place the answers. ACC122final Exam-New W2016 REV1 Revised 02/06/16 200 Points Chapters 20, 21, 22, 23, 24 Name _____________________________...

Q:

1. List the operating budgets in order of completion: (2 points each)page 1 of 7 _______________________________________ _______________________________________...

Q:

Based on Chapter 1 1 , Distinguish between a cost center, a profit center, and an investment center. Cost, Profit, and Investment Centers Cost Center The manager of a cost center has control over...

Q:

Block A has a mass of 50 kg and rests on surface B for which ? s = 0.25. If the coefficient of static friction between the cord and the fixed peg at C is ??s = 0.3, determine the greatest mass of the...

Q:

In studying the performance of the companys stock investments over the past year, the research manager of a mutual fund company finds that only 43% of the stocks returned more than the rate that had...

Q:

How should a U.S. firm that currently exports only to ASEAN countries respond to the creation of a single market in this regional grouping?

Q:

Juan is a new manager of a product development team. He is trying to develop a new method for motivating and rewarding his team. He researches different methods and finds that financial incentives...

Q:

Discuss the unique training and development needs of employees working in international locations.

Q:

Explain how labour relations practices differ around the world.

Q:

Describe the types of organizational forms used by companies with international operations.