Question: Name three kinds of responsibility centers. Question content area bottom Part 1 A. Three types of responsibility centers are (1) cost center, (2) value center,

Name three kinds of responsibility centers. Question content area bottom Part 1 A. Three types of responsibility centers are (1) cost center, (2) value center, and (3) monitoring center. B. Three types of responsibility centers are (1) finance center, (2) value center, and (3) monitoring center. C. Three types of responsibility centers are (1) finance center, (2) profit center, and (3) investment center. D. Three types of responsibility centers are (1) cost center, (2) profit center, and (3) investment center

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!

For 2018, Gourmet Kitchen Products reported $22.5 million of sales and $18 million of operating costs (including depreciation). The company has $15 million of total invested capital. Its after-tax...

A control chart is used for the following: In determining whether a process is stable. This allows us to predict what the process is going to do. In determining if a process is able to meet customer...

93) Clay of the Land is a manufacturer of glazed clay pots. Currently, it produces 300 clay pots per month which it sells through nurseries at a constant price of $5 per pot. Current demand for clay...

A conductor in the shape of a square frame with side a suspended by an elastic thread is located in a uniform horizontal magnetic field with induction B. In equilibrium the plane of the frame is...

Create a table with three columns. The first column should list the reasons why a small business fails. The second column should identify the section of the Business Plan that specifically addresses...

Find a friend or family member who has a demanding yet rewarding job. Ask them about their work pressures and consider whether these are challenge or hindrance demands.

Wozniacki and Wilcox form Jewel LLC, with each receiving a one-half interest in the capital and profits of the LLC. Wozniacki receives his one-half interest as compensation for tax planning services...

Question 11 The following comparative balance sheet is given for Estern Co.: Assets Dec.31, 2021 Dec 31, 2020 Cash $117,000 $19,500 Notes Receivable 24,000 21,000 Supplies & Inventory 27,000 40,500...

Please read instructions carefully and help solve each problem thoroughly and complete each problem that is incomplete. Thank you. 2. (part 1 of 3) Required information Skip to question [The...

Question 1: What is Ohms Law and how is it mathematically represented? Question 2: Explain Kirchhoffs Current Law (KCL) and Kirchhoffs Voltage Law (KVL). Question 3:What is Thevenins Theorem and how...

Q1: What is performance measurement in accounting? Q2: What are Key Performance Indicators (KPIs), and why are they important?

Q1: What are the main financial statements, and what information do they provide? Q2: Why is the cash flow statement important, and how does it differ from the income statement?

Q1: What are Generally Accepted Accounting Principles (GAAP)? Q2: What is the difference between GAAP and International Financial Reporting Standards (IFRS)?

Q1: What is cost accounting, and why is it important for businesses? Q2: Explain the difference between fixed costs and variable costs with examples.

oriole burgers operates and franchises fast-food restaurants specializing Pippin Piping Co. For the Years Esded December 3 2016 2015 2014 Sales revenue Cost of goods sold Gross margin $576,600...

Repeat the previous problem, but close the positions on September 20. Use the spreadsheet to find the profits for the possible stock prices on September 20. Generate a graph and use it to identify...

Skateboard sale. A sports store plans to offer two specially priced skateboard models at a sidewalk sale. The basic model will return a profit of 120 and the sports model 150. Past experiences...

Farmers market. A farmer has 100 lb of apples and 50 lb of potatoes for sale. The market price for apples (per pound) each day is a random variable with a mean of 0.5 dollar and a standard deviation...

Repair calls. Suppose that the appliance shop in Exercise 23 plans an 8-hour day. a) Find the mean and standard deviation of the number of repair calls they should expect in a day. b) What assumption...