Which of the following three statements are correct? I. A profit center has control over both cost and revenue. II. An investment center has control over invested funds, but not over costs and revenue. III. A cost center has no control over sales. • Only II • Only I and II • Only I • Only I and III

Which of the following three statements are correct?

 

I. A profit center has control over both cost and revenue.

II. An investment center has control over invested funds, but not over costs and revenue.

III. A cost center has no control over sales.

 

·        Only II

 

·        Only I and II

 

·        Only I

 

·        Only I and III

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