In each of the following situations, identify which type of responsibility center is appropriate based on the decision-making authority the manager would possess: 1.The manager of the accounting department in Ford’s corporate office. 2.The sales manager of a Ford dealership. 3.The general manager of a Ford dealership. 4.The manager of Ford’s corporate division. 5.The production manager in a Ford plant. options: Cost CenterInvestment CenterProfit CenterRevenue Center

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Answered: In each of the following situations,…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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In each of the following situations, identify which type of responsibility center is appropriate based on the decision-making authority the manager would possess:


1.	The manager of the accounting department in Ford’s corporate office.
2.	The sales manager of a Ford dealership.
3.	The general manager of a Ford dealership.
4.	The manager of Ford’s corporate division.
5.	The production manager in a Ford plant.

options:

Cost Center
Investment Center
Profit Center
Revenue Center

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