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Describe 4 types responsibility centers, characteristics

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Describe the four types of responsibility centers, including the characteristics of each.

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Solution Summary

Your tutorial is 220 words and describes the four centers and why certain centers might only have that level of responsibility.

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1. Cost center

Responsible for controlling costs and spending only authorized amounts. If there are sales in this center, they are not measured on whether they meet sales levels. This is the typical center for non-operating departments like accounting. Only costs!

2. Revenue center

Responsible for attaining sales levels and is ...

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