The manager of a cost centre has control over:

Question

BlackTom AI · Accepted Answer

To start, we’re examining what a cost centre manager can directly influence within an organization.
Option 1: costs only. This is correct because a cost centre is evaluated primarily on controlling and minimizing costs; the manager is responsible for cost containment and efficiency, not for generating revenue or making capital investments.
Option 2: revenues and costs. This is incorrect since revenue decisions typically fall under profit centres or investment/finance roles; a cost centre manager does not have direct control over pricing or sales strategies.
Option 3: costs and investment decisions. This is false because investment decisions involve capital budgeting and asset deployment, which are typically beyond the remit of a cost centre manager and belong to higher-level management or a different unit like a investment or project management function.
Option 4: pricing decisions. This is inaccurate because pricing is generally the domain of revenue management, sales, or top management strategy; a cost centre manager does not set prices as part of cost control obligations.
In summary, the defining scope of a cost centre manager is to monitor and control costs, while other options reference domains (revenue, investments, pricing) that lie outside a cost centre’s typical control.

The manager of a cost centre has control over:Single choice

Similar Questions

The manager of a cost centre has control over:

Departments, such as accounting, finance, general administration, legal, and personnel, are usually considered to be cost centres. In addition, manufacturing facilities are often considered to be cost centres.

In which security measure will you find anti-virus software?

What are user permissions?

Which security measure will stop someone reading your messages if they find your smart phone?

On a network a firewall

What is the name for emails that are sent to users, pretending to be from their bank and asking for username and password?

To stop users of a network from playing games all day instead of working, which would be the best security measure to use?

More Practical Tools for Students Powered by AI Study Helper

Homework AI Solver

Stylized AI Paper Writer

Plagiarism Checker Assistant

Citation AI Academic Writing Tool

In-Class Translation Assistant

AI Note Generator

AI Quiz Answers

Past Exam Questions from University Test Bank

Smart Practice Assistant

Adaptive Practice

Making Your Study Simpler