Which of the following is not one of the three primary types of responsibility centers?Multiple choice question.costprofitinvestmentsales
Question
Which of the following is not one of the three primary types of responsibility centers?Multiple choice question.costprofitinvestmentsales
Solution
The answer is "sales". The three primary types of responsibility centers are cost, profit, and investment.
Similar Questions
Multiple Choice QuestionA department that incurs costs without generating revenues is considered a(n):Multiple choice question.cost centerinvestment centerprofit centerasset center
Multiple Choice QuestionThe primary responsibility of managers according to the economic model of corporate social responsibility is to Blank______.Multiple choice question.pursue profit within the bounds of the lawfulfill ethical responsibilities at great economic costmaximize charitablenessensure that all stakeholders in a business carry out ethical obligations
Multiple Choice QuestionA department that incurs costs, generates revenues, and is responsible for effectively using department assets is considered a(n):Multiple choice question.asset centerprofit centercost centerinvestment center
Multiple Choice QuestionIn responsibility accounting, unit managers are evaluated on:Multiple choice question.costs they cannot controluncontrollable costscosts they can controlcosts in decentralized units
Multiple Choice QuestionThe accounting department of a manufacturing company is a(n):Multiple choice question.asset centerprofit centercost centerinvestment center
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.