Question

18. Ticket counter in a railway station is an example of (A) Cost centre (B) Revenue centre (C) Profit centre (D) Investment centre

Answer 1

Answer:

. Ticket counter in a railway station is an example o Cost centre

Answer 2

It is an example of a revenue center

• These centers represent the business function that gives rise to an organisation's sales revenue.
• These centers might be departments, divisions, or organisational units that offer goods and services directly to customers.
• For example A hotel adding an ice cream counter to generate sales.
• Similarly, the ticket counter at a railway station, sells tickets to earn revenue.