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One of the less prevalent categories of responsibility centers is the revenue center. A responsibility center is a functional organization within a company with distinct goals and personnel.
An accountability center is what?
An operational unit or entity inside an organization that is in charge of all the duties and activities planned for that unit is known as a responsibility center. These facilities have their own aims, staff, goals, policies, and financial reports.
What types of responsibility centers are there?
A responsibility center may be a profit center, an investment center, a cost center, or any type of administrative center determined by the company. A sales office, a buying department with many sites, and a plant planning office are a few examples of responsibility centers.
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