Fill in the blanks with the phrase that best completes the sentence. Some phrase
ID: 2578548 • Letter: F
Question
Fill in the blanks with the phrase that best completes the sentence. Some phrases may be used more than once and some not at all.
Phrases:
cost center
revenue center
investment center
lower
profit center
higher
responsibility center
The maintenance department at the local zoo is a(n)
The gift shop at the local zoo is a(n)
The menswear department of a department store, which is responsible for buying and selling merchandise, is a(n)
The production line at a manufacturing plant is a(n)
A(n) BLANK is any segment of the business whose manager is accountable for specific activities.
A division of a beverage manufacturing company responsible for a particular brand of soft drink is a(n)
The sales manager in charge of a shoe company's northwest sales territory oversees a(n)
Managers of cost and revenue centers are at BLANK levels of the organization than are managers of profit and investment centers.
Phrases:
cost center
revenue center
investment center
lower
profit center
higher
responsibility center
Explanation / Answer
The maintenance department at the local zoo is a cost center
The gift shop at the local zoo is a revenue center
The menswear department of a departmentstore, which is responsible for buying and sellingmerchandise, is a profit center
The production line at a manufacturing plant isa cost center
A responsibility center is any segment of the business whose manager is accountable for specific activities.
A division of a beverage manufacturing company responsible for a particular brand of soft drink is an investment center
The sales manager in charge of a shoecompany’s northwest sales territory overseesa revenue center
Managers of cost and revenue centers are at lower levels of the organization than are managers of profit and investment centers.
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