Which Statement Is Not True? Responsibility Accounting

question 67

Multiple Choice

Which statement is not true? Responsibility accounting

• A)involves both a top-down and bottom-up flow of information
• B)acknowledges that some economic events cannot be traced to any manager
• C)creates a budget
• D)compares actual performance with budget

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Definitions:

Supervisory Style

The approach or method adopted by a supervisor in guiding, directing, and managing subordinates.

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions.

Journaling Method

A technique for personal reflection and record-keeping that involves regular writing of experiences, thoughts, and feelings.

Reflection Journal

A personal record in which individuals write down their experiences and reflect upon them to gain insights.