Which of the Following Is NOT True About Activity-Based Responsibility

question 16

Multiple Choice

Which of the following is NOT true about activity-based responsibility accounting?

• A)The emphasis changes from cost reduction through change to cost control.
• B)The emphasis includes financial results as well as how things are done.
• C)Responsibility moves from one dimension to two dimensions.
• D)It moves from a control system to a performance management system.

---

Definitions:

Marketing Value

The perceived worth that a product or service brings to a consumer in comparison to its cost.

Financial Value

The monetary worth attributed to an asset, company, or financial instrument based on its ability to generate income or profits.

Harvesting Approach

A business strategy focusing on extracting maximum profits from a product, market, or investment with minimal reinvestment, often in the decline stage of its lifecycle.

Marketing Expenditures

The total amount of money a company spends on creating and executing its marketing strategies.