The manager who is responsible only for the revenues of the company can be categorized under the ___________?
Correct answer: D. revenue center
- A. profit center
- B. investment center
- C. cost center
- D. revenue center
Explanation
A revenue center manager is responsible for generating revenues but generally has no control over the related costs. Profit and investment center managers have broader responsibilities.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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