Managers who are concerned not only with cost management but also with revenue…
2019
Managers who are concerned not only with cost management but also with revenue generation are in a responsibility level called a:
Answer: D. Profit centre — A Profit Centre is a part of an organization where managers are responsible for both revenues and costs. Their performance is measured by the profit…
- A.
Cost centre
- B.
Investment centre
- C.
Budget centre
- D.
Profit centre
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Correct answer: D
A Profit Centre is a part of an organization where managers are responsible for both revenues and costs. Their performance is measured by the profit generated. Unlike a cost centre (which focuses only on expenses), a profit centre emphasizes both cost control and income generation.
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