Responsibility Accounting Is the Process of Using Financial Information to Justify

question 55

True/False

Responsibility accounting is the process of using financial information to justify pay increases and promotions for managers.

---

Definitions:

Relationship

The way in which two or more people, groups, or countries interact and behave towards each other.

Sender

A person or group trying to communicate with someone else.

Receiver

The individual or group of individuals to whom a message is directed.

Decodes

The process of interpreting or giving meaning to a received message or piece of information.