In what situations is a cost center most appropriate? A profit center? A revenue center?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 2DQ: Differentiate between a profit center and an investment center.
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In what situations is a cost center most appropriate? A profit center? A revenue center?

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