Which of the following is correct regarding responsibility centers? a. if a manager is held responsible for generating revenue, controlling costs, and efficiently investing assets, then his division is considered a profit center and an investment center. b. traceable costs, as used in a responsibility accounting system, only consists of variable costs. c. common fixed costs should be allocated to a segment and used to evaluate the segment’s performance. d. responsibility centers are primarily utilized in companies with centralized operations.

A. If a Manager is held responsible for generating revenue, controlling cost and efficiently investing assets, then this division his considered a profit center and an investment center.

Explanation:

Profit is the difference between revenue and the various cost associated with a firm. Each of the element of cost and revenue can be act upon independently but the outcome each of them will have a dependent effect on the profit, invariably the control of the elements of revenue and cost makes it a profit center.

The Independence in the efficient investment of asset which makes the department to determine when, how and where to invest the asset qualified it an investment center.

what do you mean.why did u repeat the question.

answer; i believe the correct answer is (4.0);