Asked by
Savannah Mallach
on Nov 13, 2024Verified
The foreign subsidiary of a large corporation is
A) not a responsibility center.
B) a profit center.
C) a cost center.
D) an investment center.
Foreign Subsidiary
A company partially or wholly owned by another company that operates in a country different from the parent company.
Responsibility Center
A unit within an organization for which a manager is accountable, focusing on revenue, costs, or investments.
Investment Center
A responsibility center that incurs costs, generates revenues, and has control over decisions regarding the assets available for use.
- Discern and detail the assorted categories of responsibility centers (cost, profit, investment centers) and their peculiar attributes.
Verified Answer
SH
Learning Objectives
- Discern and detail the assorted categories of responsibility centers (cost, profit, investment centers) and their peculiar attributes.