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Understanding Responsibility Centers by vijayadarshini v is a document available to read on EtoBox.

A responsibility center is a functional entity within a business that has its own goals, staff, policies, and financial reports. It gives managers responsibility for revenues, expenses, and funds to improve accountability and calculate bonuses. There are typically multiple responsibility centers, such as investment centers that make investment decisions, cost centers that manage costs, revenue centers that generate revenue, and profit centers that manage profits. Responsibility centers improve performance,

Author

vijayadarshini v

Language

EN