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Lapatulllka [165]
3 years ago
9

Which of the following would have a low likelihood of being organized as a profit center? A maintenance department that charges

users for its services. Both the billing department of an Internet Services Provider (ISP) and the mayor's office in a large city. The mayor's office in a large city. A movie theater of a company that operates a chain of theaters. A maintenance department that charges users for its services.
Business
2 answers:
Nina [5.8K]3 years ago
6 0

Answer:

B

Explanation:

Both the billing department of an Internet Services Provider (ISP) and the mayor's office in a large city.

amid [387]3 years ago
6 0

Answer:

The correct answer is letter "B": Both the billing department of an Internet Services Provider (ISP) and the mayor's office in a large city. The mayor's office in a large city.

Explanation:

Profit centers are units within a company that operate as a small separate entity because it can generate its own profits. These units possess the management of a representative and a basic hierarchical structure. An example of a profit center is the sales department of a business.

In such a way, <em>the billing department of an Internet Service Provider (ISP) does not generate revenues by itself since it is in charge of collecting debt but not producing it.</em>

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<h3>Which of the following is a major benefit of an employer-sponsored retirement plan?</h3>

The plans lower your taxable income, which means that you will pay less in taxes for the year. They also grow deferred, which means that any profits growth is tax-free until it is withdrawn, and you can receive "free money" through employer matching contributions.

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The result of the accounting process is several financial statements. The income statement, the balance sheet, and the statement
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Answer: Please refer to Explanation

Explanation:

<u>Income Statement </u>

Profitable Company - <em>Bottom line in surplus</em>

Unprofitable Company - <em>Bottom line in Deficit</em>

The Bottomline in the Income statement refers to the Net Profit after all adjustments and deductions have been made. This is the figure that is taken to Retained Earnings and therefore funds the business. If the Bottomline is in Deficit that means the company made a loss and by definition are Unprofitable. The reverse is true.

<u>Balance Sheet</u>

Profitable Company - <em>Financially healthy</em>.

Unprofitable Company - <em>Financially failing</em>.

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<u>Statement of Cashflow.</u>

Profitable Company - <em>Inward flow of cash</em>

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Why does supplier competition make it harder for an entrepreneur to be successful
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Answer:

because the supplier is already supplying sellers with what the entrepreneur is supposed to be selling and if more people are going to the other suppliers than no one will buy it from the entrepreneur because they can get it from suppliers

Explanation:

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