A responsibility center in which the department manager is responsible for costs, revenues, and assets for a department is called a (n)

A) cost center
B) profit center
C) operating center
D) investment center

Investment Center

A business segment or unit within an organization that is responsible for its own revenues, expenses, and investments.

Department Manager

An individual responsible for overseeing the operations, budget, and personnel of a specific department within a company.

Revenues

The total income generated by a company from its business activities, such as the sale of goods or provision of services, before any expenses are deducted.