Which of the following statements are true for Profit Centers? - ProProfs Discuss
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Which of the following statements are true for Profit Centers?



A. Assigns costs to cost centers and profitability segments.
B. Are real cost objects.
C. Are used to determine profitability of areas of responsibility in a company.
D. Can be stated in the balance sheet and profit & loss statement.

This question is part of 10 Management Accounting
Asked by Dbv_rulez, Last updated: Sep 13, 2020

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1 Answer

John Smith

John Smith

John Smith
John Smith

Answered Jul 04, 2017

... are used to determine profitability of areas of responsibility in a company.
... can be stated in the balance sheet and profit & loss statement.
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