The following statements relate to responsibility centres: (i) Return on capital employed is a suitable measure of performance in both profit and investment centres. (ii) Cost centres are found in manufacturing organisations but not in service organisations. (iii) The manager of a revenue centre is responsible for both sales and costs in a part of an organisation. Which of the statements, if any, is true? A (i) only B (ii) only C (iii) only D None of them D |