The primary difference between a profit center and an investment center is: a) Profit centers focus on costs only, investment centers on revenues b) Investment centers are responsible for investment decisions and returns c) Profit centers manage investments directly d) Investment centers do not evaluate performance

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The primary difference between a profit center and an investment center is that investment centers are responsible for investment decisions and returns.

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Asked 256 days ago|9/27/2025 6:26:46 AM

Updated 256 days ago|9/27/2025 6:45:57 AM

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zabloninzagi

The primary difference between a profit center and an investment center is that investment centers are responsible for investment decisions and returns.

Added 256 days ago|9/27/2025 6:45:09 AM

This answer has been confirmed as correct and helpful.

yumdrea

The primary difference between a profit center and an investment center is: Investment centers are responsible for investment decisions and returns.

Added 256 days ago|9/27/2025 6:45:17 AM

This answer has been confirmed as correct and helpful.

MsAnnabel

The primary difference is that investment centers are responsible for investment decisions and returns, while profit centers focus on generating profit without managing investments directly.

Added 256 days ago|9/27/2025 6:45:30 AM

This answer has been confirmed as correct and helpful.

Whitecæt

The primary difference between a profit center and an investment center is: Investment centers are responsible for investment decisions and returns.

Added 256 days ago|9/27/2025 6:45:31 AM

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Mimaismyeverything

The primary difference between a profit center and an investment center is that investment centers are responsible for investment decisions and returns.

Added 256 days ago|9/27/2025 6:45:38 AM

This answer has been confirmed as correct and helpful.

Flora1988

The primary difference between a profit center and an investment center is: Profit centers focus on costs only, investment centers on revenues.

Added 256 days ago|9/27/2025 6:45:57 AM

This answer has been confirmed as correct and helpful.

ROAM

The primary difference between a profit center and an investment center is: Investment centers are responsible for investment decisions and returns.

Added 256 days ago|9/27/2025 6:45:47 AM

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Questions asked by the same visitor

Which of the following is a primary goal of cost control? a) Increase sales b) Minimize costs while maintaining quality c) Maximize profit without regard to costs d) Reduce employee wages

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Question

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Updated 256 days ago|9/27/2025 6:21:41 AM

1 Answer/Comment

zabloninzagi

The primary goal of cost control is to minimize costs while maintaining quality.

Added 256 days ago|9/27/2025 6:21:41 AM

This answer has been confirmed as correct and helpful.

Which technique involves analyzing the cost behavior to predict future costs? a) Variance analysis b) Cost-volume-profit analysis c) Budgeting d) Cost behavior analysis

Weegy: The technique that involves analyzing the cost behavior to predict future costs is cost behavior analysis. (More)

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Asked 256 days ago|9/27/2025 6:07:47 AM

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The concept of "lean manufacturing" aims to: a) Increase inventory levels b) Reduce waste and inefficiency c) Maximize production capacity regardless of costs d) Outsource all manufacturing processes

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Updated 256 days ago|9/27/2025 6:42:24 AM

3 Answers/Comments

zabloninzagi

The concept of "lean manufacturing" aims to reduce waste and inefficiency.

Added 256 days ago|9/27/2025 6:41:42 AM

This answer has been confirmed as correct and helpful.

Mimaismyeverything

The concept of "lean manufacturing" aims to reduce waste and inefficiency.

Added 256 days ago|9/27/2025 6:42:23 AM

This answer has been confirmed as correct and helpful.

Flora1988

The concept of "lean manufacturing" aims to: Reduce waste and inefficiency.

Added 256 days ago|9/27/2025 6:42:24 AM

This answer has been confirmed as correct and helpful.

Which approach involves setting standards for expected costs and analyzing variances? a) Zero-based budgeting b) Standard costing system c) Marginal costing d) Absorption costing

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Updated 256 days ago|9/27/2025 6:40:29 AM

5 Answers/Comments

MsAnnabel

The approach that involves setting standards for expected costs and analyzing variances is a standard costing system.

Added 256 days ago|9/27/2025 6:39:52 AM

This answer has been confirmed as correct and helpful.

yumdrea

Standard costing system: involves setting standards for expected costs and analyzing variances.

Added 256 days ago|9/27/2025 6:39:53 AM

This answer has been confirmed as correct and helpful.

ROAM

The approach that involves setting standards for expected costs and analyzing variances is: Standard costing system.

Added 256 days ago|9/27/2025 6:40:05 AM

This answer has been confirmed as correct and helpful.

Confirmed by yumdrea [9/27/2025 9:38:12 AM]

Mimaismyeverything

Standard costing system: involves setting standards for expected costs and analyzing variances.

Added 256 days ago|9/27/2025 6:40:18 AM

This answer has been confirmed as correct and helpful.

Flora1988

Standard costing system involves setting standards for expected costs and analyzing variances.

Added 256 days ago|9/27/2025 6:40:29 AM

This answer has been confirmed as correct and helpful.

A profit center is responsible for: a) Controlling costs only b) Controlling both costs and revenues to generate profit c) Controlling investment decisions solely d) Managing employee training programs

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Not Answered

Updated 256 days ago|9/27/2025 6:37:55 AM

1 Answer/Comment

yumdrea

A profit center is responsible for: Controlling both costs and revenues to generate profit.

Added 256 days ago|9/27/2025 6:37:55 AM

This answer has been confirmed as correct and helpful.

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