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Although a profit center is expected to generate profits, not just revenues or costs, the manager ...
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Although a profit center is expected to generate profits, not just revenues or costs, the manager ...
Although a profit center is expected to generate profits,
not
just revenues or costs, the manager
cannot
commit funds to invest in assets.
▸ true
▸ false
Textbook
Managerial Accounting
Edition:
4
th
Author:
Davis
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The manager of a cost center is responsible for controlling costs and generating revenues for the ...
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The manager of a profit center is responsible for generating revenues and managing the center's ...
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A profit center and a cost center both generate costs.
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In a profit center, the manager is accountable for investments, revenues, and costs.
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This helped my grade so much
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