Which of the Following Is a True Statement

question 74

Multiple Choice

Which of the following is a true statement?

• A)All costs are controllable at some level with a company.
• B)Responsibility accounting applies to only profitable divisions and segments.
• C)A cost is controllable if it is incurred in a manager's division or segment.
• D)More costs are controllable as one moves downward in management levels.

Recognize the role and impact of government fiscal policies within macroeconomics.

Differentiate among the various types of market competition.

Identify the effects of price changes on consumer behavior and market outcomes.

Comprehend the concept of equilibrium price and how market dynamics strive to achieve it.

---

Definitions:

Priority

The status established by order of importance or urgency.

Kohlberg's Moral Development

A theory proposing that moral reasoning, the basis for ethical behavior, has six identifiable developmental stages, each more adequate at responding to moral dilemmas than its predecessor.

Excessive Force

The use of force greater than what is necessary to achieve a legitimate law enforcement objective or to maintain control.

Punishment

The imposition of a penalty as retribution for an offense, often intended as a deterrent to undesirable behavior.