ACCA · Question 05 · The nature, source and purpose of management information
The manager of a regional branch of a retail franchise has the authority to set local selling prices, negotiate with local suppliers for inventory, and manage branch operating expenses. However, the manager cannot authorize the purchase of new store fixtures or expand the store's floor space.
What type of responsibility center is this branch?
Answer options:
Cost center
Revenue center
Profit center
Investment center
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