Homework Help is Here – Start Your Trial Now!
Business
Accounting
Goodworks Software operates stores within five regions.  Regional managers are held accountable for marketing, advertising, and sales decisions, and all costs incurred within their region.  In addition, regional managers decide whether new stores will open, where the stores will be located, and whether the stores will lease or purchase the facilities.  Store managers, in contrast, are accountable for marketing, advertising, and sales decisions, and costs incurred within their stores.  Ideally, on the basis of this information, what type of responsibility center should the software company use to evaluate its regions and stores? (1) Regions; (2) Stores   (1) Profit center; (2) Profit center (1) Profit center; (2) Revenue center (1) Investment center; (2) Cost center (1) Investment center; (2) Profit center (1) Profit center; (2) Cost center

Goodworks Software operates stores within five regions.  Regional managers are held accountable for marketing, advertising, and sales decisions, and all costs incurred within their region.  In addition, regional managers decide whether new stores will open, where the stores will be located, and whether the stores will lease or purchase the facilities.  Store managers, in contrast, are accountable for marketing, advertising, and sales decisions, and costs incurred within their stores.  Ideally, on the basis of this information, what type of responsibility center should the software company use to evaluate its regions and stores? (1) Regions; (2) Stores   (1) Profit center; (2) Profit center (1) Profit center; (2) Revenue center (1) Investment center; (2) Cost center (1) Investment center; (2) Profit center (1) Profit center; (2) Cost center

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 1EB: Assume you have been hired by Cabelas Sporting Goods. As part of your new role in the accounting...
See similar textbooks
icon
Related questions
Question

Goodworks Software operates stores within five regions.  Regional managers are held accountable for marketing, advertising, and sales decisions, and all costs incurred within their region.  In addition, regional managers decide whether new stores will open, where the stores will be located, and whether the stores will lease or purchase the facilities.  Store managers, in contrast, are accountable for marketing, advertising, and sales decisions, and costs incurred within their stores.  Ideally, on the basis of this information, what type of responsibility center should the software company use to evaluate its regions and stores? (1) Regions; (2) Stores

 

  • (1) Profit center; (2) Profit center
  • (1) Profit center; (2) Revenue center
  • (1) Investment center; (2) Cost center
  • (1) Investment center; (2) Profit center
  • (1) Profit center; (2) Cost center
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Auditing: A Risk Based-Approach (MindTap Course L…
Auditing: A Risk Based-Approach (MindTap Course L…
Accounting
ISBN:
9781337619455
Author:
Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
SEE MORE TEXTBOOKS