Investment center

Investment center is responsibility center where the manager is accountable for investments, revenues, and costs.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Investment center. Responsibility center where the manager is accountable for investments, revenues, and costs.

According to Managerial Accounting by Braun, Tietz (5th edition),

Investment center. A responsibility center in which managers are responsible for generating revenues, controlling costs, and efficiently managing the division's assets.