Question

Which of the following are some of the responsibility centres that can be formed?

विकल्प

• Cost Centre

• Revenue Centre

• Profit Centre

• All of the above

Answer 1

All of the above

Explanation -

1. The Cost Center is in charge of the organization's expenditures.
2. Revenue Centre, which is in charge of revenue collected through sales or marketing.
3. Profit Center is in charge of profits made once costs and revenues are taken into account.
4. Investment Centre, which considers assets as well as cash investments.