AFM102 Chapter Notes - Chapter 11: Fixed Cost, Earnings Before Interest And Taxes, Financial Statement
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Fill in the blanks with the phrase that best completes the sentence. Some phrases may be used more than once and some not at all.
Phrases: | |
cost center | revenue center |
investment center | lower |
profit center | higher |
responsibility center |
The maintenance department at the local zoo isâ a(n)
The gift shop at the local zoo isâ a(n)
The menswear department of a departmentâ store, which is responsible for buying and sellingâ merchandise, isâ a(n)
The production line at a manufacturing plant isâ a(n)
A(n) BLANK is any segment of the business whose manager is accountable for specific activities.
A division of a beverage manufacturing company responsible for a particular brand of soft drink isâ a(n)
The sales manager in charge of a shoeâ company's northwest sales territory overseesâ a(n)
Managers of cost and revenue centers are at BLANK levels of the organization than are managers of profit and investment centers.