Asked by AZALEA RODRIGUEZ on Jul 12, 2024

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A segment of a business responsible for both revenues and expenses would be called:

A) a motivation centre.
B) a profit centre.
C) an investment centre.
D) a cost centre.

Profit Centre

A segment of a business that is responsible for both generating revenue and controlling costs, thereby directly influencing its own profitability.

Residual Income

Earnings generated beyond the minimum rate of return expected by a company or its investors, often used as a performance measure.

Gross Margin

The difference between sales revenue and the cost of goods sold, expressed as a percentage.

  • Comprehend how financial decision-making affects various divisions within a company.
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SO
Shannon odonnellJul 19, 2024
Final Answer :
B
Explanation :
A segment responsible for both revenues and expenses is referred to as a profit centre, as it is evaluated based on its ability to generate profit.