The manager of Center A is responsible for generating cash inflows and incurring costs with the goal of making money for the company. The manager has no responsibility for assets. What type of responsibility center is Center A?
a. Cost center
b. Discretionary cost center
c. Profit center
d. Revenue center
C
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Discounted cash flow techniques automatically provide for the recovery of initial investment
Indicate whether the statement is true or false
Connor, the manager of a shipping company, introduces a set of communications, activities, and facilities designed to change health-related behaviors in ways that reduce health risks and subsequent medical costs. The program aims at specific health risks, such as high blood pressure, high cholesterol levels, smoking, and obesity. Based on these offerings, Connor has introduced a(n)
A. preferred provider program. B. health maintenance organization plan. C. managed care program. D. employee wellness program. E. consumer-driven health program.
Both the SEC and the PCAOB require management to use the COSO framework for assessing internal control adequacy
Indicate whether the statement is true or false
Training is oriented toward broadening employees' individual skills for future responsibilities.
Answer the following statement true (T) or false (F)