Which one of these represents a revenue center?

Multiple choice question for Budgeting and Accounting. Select an option, then review the explanation below.

Explanation

A revenue center is responsible for generating sales income, making the sales department a prime example. Other options like investment division and promotions team focus on different functions such as investments or marketing, not directly on revenue generation.

Practice related questions from the same subject.

1.What term describes the discrepancy between the planned budget figures and the actual outcomes?
2.Which type of department is managed by a person accountable for both expenses and income?
3.Which type of managerial responsibility focuses solely on controlling the company's costs?
4.What term is used to describe a manager who has a greater number of subordinates and operates at a higher managerial level?
5.What term describes the use of variables to indicate if strategies are successful or unsuccessful?

Which one of these represents a revenue center?

Explanation

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