Responsibility Center Definition
Responsibility Center Definition:
Any business segment whose manager has control over cost, revenue, or the use of investment funds.
Other Related Accounting Articles:
- Profit Center Definition
- Investment Center Definition
- Cost Center Definition
- Responsibility Accounting Definition
- Tax Efficient Fund
- Clone Fund
- Segment Margin Definition
- Discretionary Investment Management
- Segment Definition
- Managerial or Management or Cost Accounting Terms and Definitions
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