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2 years ago

When should cost, revenue, profit, or investment center be used?

1 answer:

7 0

A concept in managerial accounting, responsibility centers are a method of measuring and evaluating the effectiveness of managers tasked with decision making for their business unit. Not all units of a business have the capacity to generate profit, but instead some support vital functions that incur costs for a business for example, the transportation department in a hospital. A cost center is a unit that does not generate revenue. A revenue center has responsibility for generating revenues, and in most cases will be the same as a profit center, as all units have some level of costs. An investment center is usually found at higher levels in an organization where a unit manager has the responsibility of generating returns on investment capital. I hope this might help you !

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Answer:

motivated

Explanation:

to purchase the target, making him a (n) motivated consumer

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3 years ago

In order to build large production units and expedite certain routine government actions related to this, Scorpius Inc. made leg

const2013 [10]

Answer:

b. speed money

Explanation:

Speed money -

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It is also known as grease payments .

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Hence , from the given question ,

The correct answer is speed money .

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2 years ago

Frederick Taylor, the founder of scientific management, examined labor efficiency and effectiveness. His goal was to change: Gro

weqwewe [10]

Answer:

the relationship between management and labor from one of conflict to one of cooperation.

Explanation:

The goal of Frederick Taylor and scientific management is to increase labor efficiency. He proposed specialization and training in order to have more efficient workers that can produce more per hour. At the same time, Taylor advocated for higher pay if efficiency and productivity increased. For example, if a worker produces 100 units, he/she should be paid twice than a worker that produces only 50 units.

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2 years ago

The main reason there are fewer production industries than distribution or service industries is that a. there are few things pr

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Answer:

c. production industries need a large initial investment.

Explanation:

The main reason there are fewer production industries than distribution or service industries is that production industries need a large initial investment. Production companies such as energy companies can be partitioned into gas, oil as well as coal generators, the corporations that explore, regain and clarify energy sources as well as power companies that produce effectiveness to corporations as well as individuals. Both sectors of the energy enterprise perform frequently substantial money investments. Similarly power companies, telecommunications companies need continuous investments in support in enhancement to analysis and advancement as well as product manufacturing.

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2 years ago

Operating profit is essentially a measure of how efficient management is in generating revenues and controlling expenses. True F

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Answer:

true

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it is considered to be the best way to determine how management tactics are helpful or beneficial for the organization. it helps to decide on the working policy for future goals.

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3 years ago