Revenue center and profit center


Please assist me understand these questions:

Problem 1: What is the difference between a "Revenue Center" and a "Profit Center"?

Problem 2: Discuss the Differences Between Responsibility Centers and Decentralization.

Problem 3: What other reasons are there to indicate decentralization is a better way of doing business?

Problem 4: Discuss types of control systems and how managers use these to achieve organizational goals.

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Accounting Basics: Revenue center and profit center
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