In terms of responsibility centers, a large corporate division would typically be classified as what?

A large corporate division is typically classified as an investment center because it is responsible not only for generating revenue and controlling costs but also for making decisions regarding the investments it makes in assets. This classification implies that the division's management is accountable for the profitability of the division and the return on investment (ROI) that those assets generate.

Investment centers are expected to manage their resources efficiently and effectively, focusing on driving profitability while also ensuring that the investments contribute to the company's overall objectives. Because of this broader scope of responsibility, they are measured by financial metrics that assess both the operation's profitability and the effectiveness of asset utilization in generating returns. This contrasts with other types of responsibility centers, such as cost centers, which only focus on managing costs; profit centers, which focus on revenues and costs but not on investments; and revenue centers, which only focus on sales without considering costs or investment decisions.