One of the Most Important Concepts in Responsibility Accounting Is

question 89

Multiple Choice

One of the most important concepts in responsibility accounting is the:

• A) balanced scorecard.
• B) controllability principle.
• C) related-party transactions.
• D) transfer price.

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Definitions:

Punishment

A process in which a response is followed by a stimulus that decreases the likelihood of that response being repeated.

Undesirable Behaviours

Actions or reactions that are not wanted or are considered negative by society, a group, or an individual.

Strengthens

To increase in power, magnitude, or effectiveness.

Punishment

The imposition of a penalty as a consequence of an undesirable action, aimed at reducing that behavior.