A Responsibility Accounting System Provides Information to Top Management About

question 56

Multiple Choice

A responsibility accounting system provides information to top management about the

• A)organizational responsibilities of each subunit manager.
• B)performance of each organizational subunit and its manager.
• C)ability of each subunit manager to ensure a satisfactory cost to revenue relationship.
• D)all of the above.

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Definitions:

Source of Power

The origin or basis from which an individual, group, or organization derives authority, influence, or control.

Strength of Ties

The extent of closeness and intimacy in a social relationship, influencing the flow of information and social support.

Organization

A structured group of people working together towards common goals, often characterized by a division of labor, hierarchies, and policies.

Beholder

An observer who perceives something visually or through subjective interpretation.