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QN: Which of the following statements regarding cost centers is incorrect? Multiple Choice 1)Cost centers...

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Accounting

QN: Which of the following statements regarding cost centers is incorrect? Multiple Choice 1)Cost centers are units within a business that incur expense, but do not have responsibility for generating revenue. 2)Cost centers tend to be found at upper levels on a company's organization chart. 3)A manager of a cost center has less responsibility than a manager in an investment center. 4)Cost center managers are evaluated on their ability to control costs and keep within budget.

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