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

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Financial incentives can motivate and influence the performance of employees. Like I used to say, many people work because of money. Why money? Because money helps them afford their physiological need...

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Alex Gomes is a housewife of age 32. She lives with her husband Mr. Jacky and two kids near Cherry Blossom Park at Texas. She mainly used to handle all household responsibilities, while it was her hus...

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Finance and Managerial Accounting_Week 13 Discussion

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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.

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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.