ch 9 Flashcards
1
Q
cost center
A
manager is only responsible for expenses within his or her own cost center
expense focus only. comparisons are made between actual expenses and budgeted expenses
accounting- a cost needed but does not make money
2
Q
revenue center
A
manager is primarily focused on increasing revenues. could be responsible for the costs of their own sales operations. sales department
3
Q
profit centers
A
managers are accountable for both revenues and expenses within their center
walmart
4
Q
investment center
A
managers are in charge of investments
finance