The following statement "Evaluation of the performance of managers of profit centers assumes that the managers can control or influence both costs and revenue generation" is true.
Products are frequently assessed as profit centers. Managers of profit centers are rated according to how well they are able to make money. Major investment choices, like the choice to construct a new manufacturing facility, would not be within the purview of a profit center manager.
To know more about Profit centers here
https://brainly.com/question/16341691
#SPJ4
