All of the Following Statements Are Correct About Controllable Costs

question 149

Multiple Choice

All of the following statements are correct about controllable costs except

• A) all costs are controllable at some level of responsibility within a company.
• B) all costs are controllable by top management.
• C) fewer costs are controllable as one moves up to each higher level of managerial responsibility.
• D) costs incurred directly by a level of responsibility are controllable at that level.

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Definitions:

Trespass to Property

A legal term referring to the unauthorized entry onto another person's land or property without permission or legal right.

Trespass to Personal Property

An intentional interference with the personal property of another without consent or legal justification.

Conversion

The wrongful act of taking or using another's property without permission, effectively depriving them of its use.

Slander Per Se

Defamatory statements that are so obviously harmful that damages are assumed and do not need to be proven.