Question: Match the term that best represent the descriptions 6 points Cost center Profit center Responsibility accounting system Service Indirect Controllable department expenses costs Incurs costs

 Match the term that best represent the descriptions 6 points Cost

Match the term that best represent the descriptions 6 points Cost center Profit center Responsibility accounting system Service Indirect Controllable department expenses costs Incurs costs without directly yielding revenues. Provides information used to evaluate the performance of a department o Does not directly manufacture products but contributes to profitability of the entire company O o Costs incurred for the joint benefit of more than one department o Costs that a manager has the ability to affect Incurs costs and also generates revenues. O 0

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 Finance Questions!