Which of the following statements is true in regards to a profit center?

A) A profit center incurs costs.
B) A profit center does not generate revenues.
C) A profit center generates revenue.
D) Both A and C

Profit Center

A branch or division of a company that is directly responsible for generating its portion of the organization's overall profit.

Generates Revenue

The process or activities that result in income being brought into a company, such as sales of goods or provision of services.

Incurs Costs

To incur costs means to recognize or accumulate expenses through activities or operations, leading to a reduction in profits.