Examlex
________ describes the normal work of preparing,pricing,distributing,and promoting the service to customers.
Responsibility Accounting
A system of accountability in which managers are held responsible for those items of revenue and cost—and only those items—over which they can exert significant control. The managers are held responsible for differences between budgeted and actual results.
Manager
A manager is an individual responsible for directing and administering an organization's or department's activities and strategies.
Operations
The day-to-day activities involved in the running of a business or production of goods and services.
Investment Center
A business segment or unit within an organization for which the manager has control and is responsible for its revenue, expenses, and the assets invested in the center.
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