Asked by Analise Johnson on Jun 08, 2024
Verified
In an investment center, the manager has responsibility and authority for making decisions that affect
A) costs only
B) revenues only
C) assets only
D) costs, revenues, and assets
Investment Center
A division or unit within an organization that is directly responsible for generating its own revenue as well as controlling its costs, and therefore, its profits.
Authority
The ability or entitlement to dictate actions, decide on matters, and demand adherence.
Decision
The act of making a choice or coming to a conclusion.
- Understand the role and responsibilities of managers in investment centers.
Verified Answer
Learning Objectives
- Understand the role and responsibilities of managers in investment centers.
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