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8. Responsibility Accounting: a. What is a cost center?
8. Responsibility Accounting:
a. What is a cost center? Give an example of a cost center __________________________________________________________________________________________________________________________________________________________________________
b. What is a Profit center? Give an example of a profit center __________________________________________________________________________________________________________________________________________________________________________
c. What is an investment center? Give an example of an investment center __________________________________________________________________________________________________________________________________________________________________________
d. What is management by exception: __________________________________________________________________________________________________________________________________________________________________________
