What is the difference between traceable and common costs

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Question - Answer the following for practice purposes with examples:

Part A) What is the difference between a cost center and a profit center? Give a example answer that demonstrates what critical element distinguishes the profit center from the cost center.

Part B) Describe the difference between a centralized and a decentralized management style.

Part C) What is the difference between traceable costs and common costs?

Reference no: EM132437598

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