What is a profit centre? a division of the company that has fewer costs than...

50.1K

Verified Solution

Question

Accounting

What is a profit centre?
a division of the company that has fewer costs than the other divisions a centre evaluated by the rate of return earned on the assets allocated to the centre a division of a company that has never incurred a loss a responsibility centre that incurs costs and generates revenues
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students