QUESTION 27 27 A profit center is the same as a revenue cent

QUESTION 27

27. A profit center is the same as a revenue center.

True

False

QUESTION 1

1. Step costs relate to the range of activity for which cost behavior assumptions are reasonably valid.

True

False

Solution

Revenue center are subunits of a business responsible for generating revenues whereas profit centers are responsible for managing costs in addition to generaring revenue.

Hence, the answer is false.

Pleass raise a different question for the second question.

Thanks.