Asked by Analise Johnson on Jun 08, 2024

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In an investment center, the manager has responsibility and authority for making decisions that affect

A) costs only
B) revenues only
C) assets only
D) costs, revenues, and assets

Investment Center

A division or unit within an organization that is directly responsible for generating its own revenue as well as controlling its costs, and therefore, its profits.

Authority

The ability or entitlement to dictate actions, decide on matters, and demand adherence.

Decision

The act of making a choice or coming to a conclusion.

  • Understand the role and responsibilities of managers in investment centers.
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DP
Daieyshia PruittJun 15, 2024
Final Answer :
D
Explanation :
In an investment center, the manager is responsible for making decisions that affect not just costs and revenues, but also assets. This is because an investment center's performance is evaluated based on its profitability and the efficiency with which it uses its assets to generate that profit.