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cost center

investment center

profit center

revenue center

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15y ago

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Give three examples of responsibility centers in a business?

Responsibility centers deal with financial accountability. Here are four Expense Centers Revenue Centers Profit Centers Investment Centers


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Examples of the types of responsibility center?

A business can acquire so many responsibility centers. But there are basic responsibilities in which a business is build on. Those centers are human resources and administration, accounting, production order, and legal.


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What are examples of cost centers of organization?

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What are program structures and responsibility centers?

Program structures refer to the organized frameworks within an organization that define how various programs or initiatives are managed and executed. Responsibility centers are specific units within these structures, such as departments or divisions, that are accountable for particular outcomes and resources. They can be categorized into cost centers, profit centers, revenue centers, and investment centers, each with distinct responsibilities and performance metrics. This system helps organizations track performance, allocate resources effectively, and align activities with strategic goals.


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