Expense or cost centers are usually responsible for expense items only and do not produce any direct revenue. Investment centers have revenues as well as expenses and an investment base. The main function of an expense center is to provide the long-run minimization of expenses. Investment centers take care of the return of investment and residual income.
Compare and contrast an expense center and an investment center.
Answer by Academic.tip's expert
An answer to this question is provided by one of our experts who specializes in business & economics. Let us know how much you liked it and give it a rating.
Cite this page
Select a citation style:
References
Academic.Tips. (2021) 'Compare and contrast an expense center and an investment center'. 26 August.
Reference
Academic.Tips. (2021, August 26). Compare and contrast an expense center and an investment center. https://academic.tips/question/compare-and-contrast-an-expense-center-and-an-investment-center/
References
Academic.Tips. 2021. "Compare and contrast an expense center and an investment center." August 26, 2021. https://academic.tips/question/compare-and-contrast-an-expense-center-and-an-investment-center/.
1. Academic.Tips. "Compare and contrast an expense center and an investment center." August 26, 2021. https://academic.tips/question/compare-and-contrast-an-expense-center-and-an-investment-center/.
Bibliography
Academic.Tips. "Compare and contrast an expense center and an investment center." August 26, 2021. https://academic.tips/question/compare-and-contrast-an-expense-center-and-an-investment-center/.
Work Cited
"Compare and contrast an expense center and an investment center." Academic.Tips, 26 Aug. 2021, academic.tips/question/compare-and-contrast-an-expense-center-and-an-investment-center/.
Copy