In a profit center, the department manager has responsibility for and the authority to make decisions that affect:
A) not only costs and revenues, but also assets invested in the center
B) the assets invested in the center, but not costs and revenues
C) both costs and revenues for the department or division
D) costs and assets invested in the center, but not revenues
C
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Indicate whether the statement is true or false
Which of the following is an example of an accrual?
a. Bookkeeping fees collected but not yet earned b. Six months' rent paid in advance c. Interest earned but not yet received d. Equipment purchased for use in the business
Identify the conjunction or conjunctions in the sentence. The novelist Ellen Glasgow observed, "All change is not growth, as all movement is not forward."
Which of the following is a feature of a control chart?
a. a center line b. an upper specification limit c. a lower specification limit d. the modal value of a process defect