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Indicate whether each of the following statements about responsibility centers is true or false. A responsibility center controls identifiable revenue or expense items. True To be designated as a responsibility center, a department need not be a large segment of an organization (Click to select) A cost center generates revenues and expenses, (Click to select) Investment centers are commonly found at upper levels of the organization chart (Click to select) The manager of a profit center is evaluated based primarily on his/her ability to control costs, (Click to select)