Asked by AZALEA RODRIGUEZ on Jul 12, 2024
Verified
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.
Verified Answer
Learning Objectives
- Comprehend how financial decision-making affects various divisions within a company.
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