AC 201 & 202 FE (AC 201 & 202 FE)
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Park University - AC 201 & 202 FE_CH14-24: Final Exam: Chapters 14-24. Answers At the end of the Paper.
- Exam (elaborations) • 12 pages • 2020
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Final Exam: Chapters 14-24	Name 	
Kimmel Accounting, 5e	Instructor 	
Section # 	Date 	





Part	
I	
II	
III	
IV	
Total
Points	54	18	19	14	105
Score					


PART I — MULTIPLE CHOICE (54 points)

Instructions: Designate the best answer for each of the following questions.

 		1. Which of the following is a responsibility center that incurs expenses, generates revenues, and is responsible for generating a return on assets?
a.	Cost center
b.	Revenue center
c.	Profit center
d.	Investment cent...