consider the following responsibility centers and classify each as most likely b
ID: 2436057 • Letter: C
Question
consider the following responsibility centers and classify each as most likely being a cost center profit center or invesment center1-atlant OFFICE OF AN INVESTMENT BANKING SERVICES FIRM
2- brimingham location of a major retail furniture chain
3-cadillac division of general motors
4-casting department of a small steel mill
5-customer complaint center at delta airlines
6-check clearing department in a bank operations center
7-finishing department of a manufacturing plant that makes precision cutting instruments
8-gulfstream aerospace unit maker of business jets of general dynamics corporation
9-home electronics division od sony corporation
10-maintenance department in an automobile assembly plant
11-medical diagonstic equipment unit of hewlett packard company
12-restaurant in a Macy's department store
Explanation / Answer
Cost Center 1-atlant OFFICE OF AN INVESTMENT BANKING SERVICES FIRM 2- brimingham location of a major retail furniture chain 4-casting department of a small steel mill 6-check clearing department in a bank operations center 7-finishing department of a manufacturing plant that makes precision cutting instruments Profit Center 3-cadillac division of general motors 8-gulfstream aerospace unit maker of business jets of general dynamics corporation 9-home electronics division od sony corporation 11-medical diagonstic equipment unit of hewlett packard company 12-restaurant in a Macy's department store Invesment Center 5-customer complaint center at delta airlines 10-maintenance department in an automobile assembly plant
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