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Allushta [10]
2 years ago
6

In an investment center, the manager has the responsibility for and the authority to make decisions that affect a. both costs an

d revenues for the department or division b. costs, revenues, and assets invested in the center c. the assets invested in the center, but not costs and revenues d. costs and assets invested in the center, but not revenues
Business
1 answer:
yaroslaw [1]2 years ago
6 0

Answer:

The answer is B.) Cost, revenue, and assets invested in the center

Explanation:

An investment center is a responsibility center in which the department manager is responsible for costs, revenues and assets for the department.

An investment center is also a business unit in a firm that can utilize capital to contribute directly to a company's profitability.

Examples of departments that make up the cost center are the human resource and marketing departments, units that falls under a profit center include the manufacturing and sales department.

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1 year ago
On March 3, Cobra Inc. purchased a desk for $440 on account. On March 22, Cobra purchased another desk for $585 also on account,
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