Which of the following statements best describes a profit center?a. The responsibility for combining the raw materials, direct labor,and other factors of production into a final productb. The authority to make decisions affecting the majordeterminants of profit, including the power to choose its marketsand sources of supplyc. The authority to make decisions affecting the majordeterminants of profit, including the power to choose its markets,sources of supply, and significant control over the amount ofinvested capitald. The authority to make decisions over the most significant costsof operations, including the power to choose the sources of supplye. The authority to provide specialized support to other unitswithin the organization
Which of the following statements best describes a profit center?
a. The responsibility for combining the raw materials, direct labor,
and other factors of production into a final product
b. The authority to make decisions affecting the major
determinants of profit, including the power to choose its markets
and sources of supply
c. The authority to make decisions affecting the major
determinants of profit, including the power to choose its markets,
sources of supply, and significant control over the amount of
invested capital
d. The authority to make decisions over the most significant costs
of operations, including the power to choose the sources of supply
e. The authority to provide specialized support to other units
within the organization
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