Investment centers differ from profit centers in that they A-are responsible for
ID: 2465263 • Letter: I
Question
Investment centers differ from profit centers in that theyA-are responsible for net income only B-are able to invest in assets C-have less responsibilities than cost centers and profit centers D-are only responsible for revenues Investment centers differ from profit centers in that they
A-are responsible for net income only B-are able to invest in assets C-have less responsibilities than cost centers and profit centers D-are only responsible for revenues
A-are responsible for net income only B-are able to invest in assets C-have less responsibilities than cost centers and profit centers D-are only responsible for revenues
Explanation / Answer
Investment centres differ from profit centres in that they are able to invest in assets.
Answer in B
Profit centres are responsible for generating revenue as well as cost.Investment centres are responsible for both revenue and cost and capital also.
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