Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Week 7 Assignment_16...
Logistics Management is vital in the sustenance and the overall success of any business enterprise. Logistics management is the process of strategically coordinating the acquisition, transportation, a...

Week 7 Assignment
Week 7 Assignment

Logistics Management is vital in the sustenance an

Week 6 - Discussion...
1. Hypercompetition, as per Richard D’Aveni, is defined as a strategic framework that denotes that no competitive advantage is long-lived and companies that are successful are always on a lookout to...

Week 6 Discussion 1
Week 6 Discussion 1

1. Hypercompetition, as per Richard D’Aveni, is

Assignment 8_1640332...
. Older Americans Act of 1965 allowed the older generation of the America to become more politically active and it can be said that the effects of the act can still be noticed in the modern political...

Assignment 8
Assignment 8

. Older Americans Act of 1965 allowed the older ge

Finance and Managerial Accounting_Week 13 Discussion

Finance and Managerial Accounting_Week 13 Discussion

Q One of the ways to segment a company is into different Responsibility Centres. These include Cost Centres, Profit Centres, and Investment Centres. Take a moment to discuss which kind of centre your department can be labeled as.

View Related Questions

Solution Preview

View Complete Solution
A responsibility centre can be regarded as a unit of organization that a manager heads and is liable for its results and activities. Information related to cost and revenue are reported and gathered by responsibility centres in responsibility accounting (Bragg, 2018). The four common responsibility centre types are cost centre, revenue centre, profit centre and investment centre. The department in my prior organization may be labeled as a profit centre.