A cost center is a responsibility center of a company which incurs losses. incurs costs and generates revenues. only incurs costs and does not directly generate revenues. is a responsibility center which generates profits and evaluates the investment cost of earning the profit.

A cost center is a responsibility center of a company which incurs losses. incurs costs and generates revenues. only incurs costs and does not directly generate revenues. is a responsibility center which generates profits and evaluates the investment cost of earning the profit.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter11: Performance Evaluation And Decentralization

Section: Chapter Questions

Problem 3MCQ: A responsibility center in which a manager is responsible only for costs is a(n) a. investment...

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Question

A cost center

is a responsibility center of a company which incurs losses.
incurs costs and generates revenues.
only incurs costs and does not directly generate revenues.
is a responsibility center which generates profits and evaluates the investment cost of earning the profit.

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