Final answer:
The assertion that the accounting department is a revenue centre is false because a revenue centre directly generates sales and income, which is not the primary function of the accounting department.
Step-by-step explanation:
An example of a revenue centre would not typically be the accounting department. A revenue centre is a segment of a company that is responsible for generating sales and revenues, for which it is evaluated, such as a sales department.
The accounting department is considered a cost or support centre, as they are responsible for tasks like bookkeeping, financial reporting, and managing payables and receivables, but do not directly generate revenue.
It is important to clarify the roles of different departments within a business's organizational structure. Revenue centres are directly associated with income generation and usually have set revenue targets. In contrast, support departments like accounting contribute to the company's financial well-being by controlling costs, ensuring accurate financial reporting, and maintaining compliance with tax laws and regulations.