What does RC stand for?

RéColtant-CoopéRateur

Reference Catalogue

Remote Control

A device or array of devices connected to a machine by mechanical, electrical, pneumatic, hydraulic or other means and by which the machine may be operated remotely from, and not necessarily within sight of the operator.

Responsibility Centers

In the realm of accounting, Responsibility Centers (RC) represent a fundamental organizational structure designed to delegate authority and measure performance based on specific operational segments. These centers are pivotal for enhancing accountability and efficiency within an organization, allowing managers to oversee distinct areas such as cost, profit, or investment centers. The concept underscores the importance of assigning clear responsibilities to ensure that each segment contributes effectively to the organization's overarching financial goals.

Understanding Responsibility Centers is crucial for implementing effective management control systems. By categorizing operations into these centers, organizations can streamline decision-making processes and foster a culture of accountability. This approach not only facilitates precise performance evaluation but also aligns individual objectives with the company's strategic vision, thereby optimizing resource allocation and operational efficiency.

Red Cross

Atlantic Airways

Registered Company

In the US, a company which has filed an SEC (Securities and Exchange Commission) registration, and may issue new shares. In the UK, a company which is listed on the Companies Register as a limited private company, a public limited company, or an unlimited company.

Radio Controller

Radio Communication