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Saturday, June 5, 2010

Question no : 355 CO Profit Center Accounting

TERP10 Unit 13 Management Accounting 

Which of the following is NOT TRUE about Profit Center Accounting.

(Select ONE best answer)

A)   An activity type is associated with the profit center in EC-PCA for collecting revenues. 
B)   A profit center in EC-PCA is a unit for internal controlling purpose.
C)   EC-PCA takes transaction data posted in other components and represent it from a profit-center-oriented point of view.
D)   The profit center in EC-PCA is not itself an account assignment object in CO.
E)    EC-PCA is a statistical accounting component. 

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