Cost center

Who is responsible for monitoring the costs of raw materials and labor in a manufacturing business?

• Cost Center Manager for the Assembly Line

• Revenue Center Manager for Sales

• Investment Center Manager for Capital Projects

• Profit Center Manager for Finished Goods

Which manager would be in charge of maximizing the return on machinery investments in a manufacturing facility?

• Cost Center Manager for Maintenance

• Revenue Center Manager for Sales

• Investment Center Manager for Capital Projects

• Profit Center Manager for Finished Goods

In a manufacturing setting, who would be responsible for achieving sales targets for the finished goods?

• Cost Center Manager

• Revenue Center Manager for Sales

• Investment Center Manager for Research and Development

• Profit Center Manager for Finished Goods

In a manufacturing company, who is generally responsible for ensuring that the maintenance department operates within budget?

• Cost Center Manager for Maintenance

• Revenue Center Manager for Spare Parts Sales

• Investment Center Manager for Capital Projects

• Profit Center Manager for Repair Services

What is Revenue?

• Money spent to produce goods

• Money earned from selling goods and services

• Money invested in a business venture

What does a Cost Center focus on?

• Generating revenue

• Managing investments

• Minimizing expenses

• Maximizing profit

What is the main objective of an Investment Center?

• To generate revenue

• To minimize costs

• To maximize the return on invested capital