Asked by
Sevgi Bocee
on Oct 15, 2024Verified
A cost center does not directly generate revenues.
Revenues
Revenues represent the total income generated from the sale of goods or services before any expenses are subtracted.
- Understand the distinction between cost centers, profit centers, and investment centers.
Verified Answer
FD
Learning Objectives
- Understand the distinction between cost centers, profit centers, and investment centers.