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C_TS4FI_2021 · Question #70

Which statements best describe a profit center? Note: There are 2 correct answers to this questions.

The correct answer is A. It is an object for which separate balance sheet and P&L statements can be created, whether B. It is the only object from which segments can be uniformly derived. See the full explanation below for the reasoning.

Question

Which statements best describe a profit center? Note: There are 2 correct answers to this questions.

Options

  • AIt is an object for which separate balance sheet and P&L statements can be created, whether
  • BIt is the only object from which segments can be uniformly derived.
  • CIt is an object for which separate balance sheet and P&L statements are ,created only when used
  • DIt is the only object that can be uniformly derived using segments.

How the community answered

(48 responses)
  • A
    75% (36)
  • C
    15% (7)
  • D
    10% (5)

Community Discussion

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Full C_TS4FI_2021 Practice