Responsibility Accounting Includes

question 3

Multiple Choice

Responsibility accounting includes:

• A) creating reports
• B) identifying what parts of the organization have primary responsibility for each objective
• C) developing measures of achievement and objectives
• D) All of these answers are correct.

Know the agencies involved and methods used for economic development in DVCs.

Understand the role and impact of government-provided foreign aid to developing countries.

Comprehend the effects and efficiency of various forms of capital assistance like unconditional and conditional cash transfers to the economic development of Developing and Less Developed Countries (DVCs).

Identify the impacts of international policies and practices such as direct foreign investment, state industry privatization, and agricultural subsidies on DVC economies.

---

Definitions:

Capital Cost Allowance

Capital cost allowance is a tax deduction available in Canada for depreciable property, allowing businesses to write off the cost of assets over a period of time.

Cash Operating Costs

Expenses related directly to the operations of a business, excluding financing costs.

Tax Rate

The percentage at which an individual or corporation is taxed, which can vary based on income levels, jurisdictions, and other factors.

WACC

The Weighted Average Cost of Capital is a metric that determines a firm's cost of capital by assigning proportional weights to each type of capital it uses.