Examlex
All of the justices serving on state courts of last resort have lifetime tenure like their federal counterparts.
Responsibility Centers
Divisions or units within an organization for which managers are accountable for certain activities or financial outcomes.
Management by Exception
A management strategy where only significant deviations from expected outcomes are addressed, focusing leaders' attention on the most important issues.
Responsibility Accounting
An accounting system that measures the results of each responsibility center and compares those results with some measure of expected or budgeted outcome.
Responsibility Reporting System
The preparation of reports for each level of responsibility in the company’s organization chart.
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