Identify each of the following responsibility centers as a

Reference no: EM13485400

Identify each of the following responsibility centers as a cost center, a revenue center, a profit center, or an investment center:

a) The Bakery Department of a Publics supermarket reports income for the current year.

b) Pace Foods is a subsidiary of Campbell Soup Company.

c) The Personnel Department of State Farm Insurance Companies prepares its budget and subsequent performance report on the basis of its expected expenses for the year.

d) The Shopping Section Burpee.com reports both revenues and expenses.

e) Burpee.com's investor relations Web site provides operating and financial information to investors and other interested parties.

f) The manager of a BP service station is evaluated based on the station's revenues and expenses.

g) A charter airline company.

h) The manager of the Southwest sales territory is evaluated based on a comparison of current period sales against budgeted sales.

Reference no: EM13485400

Questions Cloud

No entry has been made to remove from the accounts for : below are transactions related to impala company.a the city of pebble beach gives the company 5 acres of land as a

Why is it sometimes misleading to compare a companys : why is it sometimes misleading to compare a companys financial ratios with other firms that operate in the same

When the budget was almost complete dunn asked the : residence suites operates a regional hotel chain. each hotel is operated by a manager and an assistant

Why ebit is generally considered to be independent of : why ebit is generally considered to be independent of financial leverage? why might ebit actually be influenced by

Identify each of the following responsibility centers as a : identify each of the following responsibility centers as a cost center a revenue center a profit center or an

A company makes power tools the motor division makes a : a company makes power tools. the motor division makes a motor that small tools division needs for a new product. the

Why do us corporations build manufacturing plants abroad : why do u.s. corporations build manufacturing plants abroad when they can build them at

Why do you think it is easier for firms with weak credit : why do you think it is easier for firms with weak credit positions to obtain lease financing than bank loan

Lybrand also incurs selling and administrative costs of : lybrand company is a leading manufacturer of sunglasses. one of lybrands products protects the eyes from ultraviolet

User Account

All Pages