The University of Dental Health (UDH) is a state-run university focusing on the education and training of dentists, dental assistants, dental hygienists, and other dental professionals. UDH has just hired a new controller who wants to organize UDH by responsibility centers so that responsibility accounting can be implemented. The controller has asked for your assistance in identifying each of the following UDH functions as either a cost center (C) or a profit center (P). UDH Center Cost or Profit Accounting Bookstore Cafeterias Career services Community workshops (providing continuing professional education necessary for state licensure) Custodial services Financial aid Human resources Information technology Residence halls Student parking lots (fee based) University newspaper/radio station
The University of Dental Health (UDH) is a state-run university focusing on the education and training of dentists, dental assistants, dental hygienists, and other dental professionals. UDH has just hired a new controller who wants to organize UDH by responsibility centers so that responsibility accounting can be implemented. The controller has asked for your assistance in identifying each of the following UDH functions as either a cost center (C) or a profit center (P). UDH Center Cost or Profit Accounting Bookstore Cafeterias Career services Community workshops (providing continuing professional education necessary for state licensure) Custodial services Financial aid Human resources Information technology Residence halls Student parking lots (fee based) University newspaper/radio station
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The University of Dental Health (UDH) is a state-run university focusing on the education and training of dentists, dental assistants, dental hygienists, and other dental professionals. UDH has just hired a new controller who wants to organize UDH by responsibility centers so that responsibility accounting can be implemented. The controller has asked for your assistance in identifying each of the following UDH functions as either a cost center (C) or a profit center (P).
Transcribed Image Text:The University of Dental Health (UDH) is a state-run university focusing on the education and training of dentists, dental assistants,
dental hygienists, and other dental professionals. UDH has just hired a new controller who wants to organize UDH by responsibility
centers so that responsibility accounting can be implemented. The controller has asked for your assistance in identifying each of the
following UDH functions as either a cost center (C) or a profit center (P).
UDH Center
Cost or Profit
Accounting
Bookstore
Cafeterias
Career services
Community workshops (providing continuing professional
education necessary for state licensure)
Custodial services
Financial aid
Human resources
Information technology
Residence halls
Student parking lots (fee based)
University newspaper/radio station
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