Liam manages a division that is part of a large, decentralized business. He has a substantial degree of control over the division's costs, revenues, and investment in assets. Based on this information, the division would be classified as a profit center.
Answer the following statement true (T) or false (F)
False
A profit center differs from a cost center in that it not only incurs costs but also generates revenue. Since the manager has control over investments, this division would be an investment center.
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Indicate whether the statement is true or false
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a. verb b. preposition c. noun d. period