These are profit responsibility centers. In profit centers, the manager is responsible for revenues and costs. Profit centers should have adequate autonomy to select customers and set prices for products or services sold. The same autonomy should apply to the formation of cost levels. An example of a manager – in capital groups, the director of a manufacturing plant.
Bill of exchange – what is it and how does it work?
A promissorynote is a form of debt security that is found in civil law. A promissory note can…