A Responsibility Center Is a Part, Segment, or Subunit of an Organization

question 177

True/False

A responsibility center is a part, segment, or subunit of an organization whose manager is accountable for a specified set of activities.

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Definitions:

Employee Output

This term refers to the quantity and quality of work produced by an employee within a given time period.

Organizational Productivity

The measure of how efficiently and effectively a company or organization utilizes its resources to achieve its goals.

Job Description Approval

The process by which a job description is formally reviewed and ratified by relevant authorities or departments within an organization.

Supervisory Approval

The process of obtaining formal consent or agreement from a supervisor or higher authority within an organization, often required for implementing decisions or changes.