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Responsibility Centre can be categorised into:

A. Cost Centres only

B. Profit Centres only

C. Investment Centres only

D. Cost Centres, Profit Centres and Investment Centres

Answer: Option D

Solution(By Examveda Team)

Responsibility Centre can be categorised into Cost Centres, Profit Centres and Investment Centres. Responsibility centers are often categorized by the degree of authority and responsibility given to the manager.

This Question Belongs to Commerce >> Costing

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