Asked by Kayla Cohen on Jun 12, 2024
Verified
An example of a cost center is:
A) a Holiday Inn.
B) the restaurant in a motel.
C) the administrative department in a hospital.
D) the catering department in a motel.
Cost Center
A unit or department that incurs costs but does not generate revenues.
Holiday Inn
A brand of hotels known for providing lodging and related services to travelers; part of the InterContinental Hotels Group.
Administrative Department
A division within a company or organization responsible for performing management and support duties, such as clerical work and maintaining records.
- Understand the concept of cost centers and their role within an organization.
Verified Answer
Learning Objectives
- Understand the concept of cost centers and their role within an organization.
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