Which One of the Statements About a Responsibility Report Is

question 45

Multiple Choice

Which one of the statements about a responsibility report is correct?

• A)It contains controllable and non-controllable costs.
• B)It compares actual costs with static budget data.
• C)A distinction is made between variable and fixed costs.
• D)It is used to evaluate investment centres, but not cost or profit centres.

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Definitions:

Endocrine System

The collection of glands that produce hormones which regulate metabolism, growth and development, tissue function, sexual function, reproduction, sleep, and mood.

Hypothalamus

A region of the brain that regulates important functions, including temperature, hunger, thirst, emotional activity, and circadian rhythms.

FMRI

Functional Magnetic Resonance Imaging, a neuroimaging procedure that measures brain activity by detecting changes associated with blood flow.

Mental Task

An activity that requires cognitive effort and mental processing.