____________ is responsible not only for profits but also for investments made in the center in the form of assets.
A
Cost center
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B
Investment center
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C
Revenue center
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D
Profit center
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Solution
The correct option is B Investment center A investment center is that segment of an organisation which is responsible for the investment on assets of the business. The manager of this segment compares the actual investment on the assets with the planned investment on the asset of the business to take corrective measures in case of any deviations.