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For financial management, agency programs may be designated as one or all of these types of centers:
It could be an expense center, since it costs $$ to run a program. If the program generates revenue, it could also be a revenue center.
Since a program could be both, it could be known as a multiple-responsibility center.
Since a program could be both, it could be known as a multiple-responsibility center.
Flashcard info:
Author: annadronen
Main topic: Financial Mgmt Non-Prof
Topic: Financial Mgmt Non-Prof
School / Univ.: UW
City: Seattle
Published: 20.02.2015