Asked by
Matthew Felber
on Oct 15, 2024
Verified
Investment center is another name for profit center.
Investment Center
A business unit within an organization that is responsible for its own revenue, expenses, and investments, and is evaluated based on its return on investment.
Profit Center
A separate business unit or department within an organization that is responsible for generating its own revenue and profits.
- Recognize the variances between cost centers, profit centers, and investment centers.
Verified Answer
CE
Learning Objectives
- Recognize the variances between cost centers, profit centers, and investment centers.