Difference between revisions of "Revenue center"
(Created page with "Revenue center is responsibility center where the manager is accountable for revenues only. ==Definitions== According to Cost Accounting by Horngren, Datar, Rajan (14th...") |
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Revenue center]]. Responsibility center where the manager is accountable for revenues only. | :[[Revenue center]]. Responsibility center where the manager is accountable for revenues only. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Revenue center]]. A responsibility center in which managers are responsible for generating revenue. | ||
[[Category: Accounting]][[Category:Articles]] | [[Category: Accounting]][[Category:Articles]] | ||
Latest revision as of 18:44, 16 July 2020
Revenue center is responsibility center where the manager is accountable for revenues only.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Revenue center. Responsibility center where the manager is accountable for revenues only.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Revenue center. A responsibility center in which managers are responsible for generating revenue.
