Question: When a manager has control over and is accountable for cost, profit or investments of an organization, it is called _ _ _ _ _

When a manager has control over and is accountable for cost, profit or investments of an organization, it is called ________.

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 General Management Questions!

Q:

Knowledge Check 01 When a manager has control over and is accountable for cost, profit or investments of an organization, it is called margin center responsibility center net operating income Cost...

Q:

When a manager has control over and is accountable for cost, profit or investments of an organization, it is called _ _ _ _ _ _ _ _ _ blank.

Q:

When a manager has control over and is accountable for cost, profit or investments of an organization, it is called _ _ _ _ _ _ _ _ _ blank. multiple choicemargin centerresponsibility centernet...

Q:

When a manager has control over and is accountable for cost, profit or investments of an organization, it is called _ _ _ _ _ _ _ _ _ blank.

Q:

Which of the following is not an advantage of decentralization? Multiple Choice It delegates day to day problem solving to lower level managers, thereby enabling top-level managers to concentrate on...

Q:

60, 14,15,16 Which of the following statements is true when computing the net cash provided by (used in) operating activities using the indirect method? Multiple Choice If the property, plant, and...

Q:

A responsibility center is best described as: Multiple Choice any part of an organization that has responsibility for managing product and service quality. any part of an organization whose manager...

Q:

A responsibility center is best described as: Multiple Choice 0 1 : 5 7 : 5 5 any part of an organization that has responsibility for managing product and service quality. any part of an organization...

Q:

A responsibility center is best described as: Multiple Choice any part of an organization that has responsibility for optimizing customer service and satisfaction. any financial sub - unit within an...

Q:

A responsibility center is best described as: Multiple Choice any part of an organization that has responsibility for optimizing customer service and satisfaction any financial sub-unit within an...

Q:

You push a 2.0 kg block against a horizontal spring, compressing the spring by 15 cm. Then you release the block, and the spring sends it sliding across a tabletop. It stops 75 cm from where you...

Q:

Identify the errors in the following trial balance. All accounts have normalbalances. Burgoo Co. Unadjusted Trial Balance For the Month Ending March 31, 2010 Debit Balances Credit Balances Cash...

Q:

Exercise 6-56 (Appendix 6A) First-In, First-Out Method; Equivalent Units Lawson Company produces a product where all manufacturing inputs are applied uniformly. Lawson produced the following physical...

Q:

What are the characteristics of a complex trust? Question 22 options: a) The trustee receives income tax credits for administering the trust. b) The trustee may not accumulate income. c) The trust or...