Consider the following list of responsibility centers and phrases

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S22-10 Preparing performance reports for responsibility centers [5 min]
Consider the following list of responsibility centers and phrases.

A cost center
An investment center
A profit center
A responsibility center
A revenue center
Lower
Higher

Requirement
1. Fill in the blanks with the phrase that best completes the sentence.

The maintenance department at the San Diego Zoo is ________.
The concession stand at the San Diego Zoo is ________.
The menswear department at Bloomingdale’s, which is responsible for buying and
selling merchandise, is ________.
A production line at a Palm Pilot plant is ________.
________ is any segment of the business whose manager is accountable for specific
activities.
Gatorade, a division of Quaker Oats, is ________.
The sales manager in charge of Nike’s northwest sales territory oversees
________.
Managers of cost and revenue centers are at ________ levels of the organization
than are managers of profit and investment centers.