A Responsibility Accounting System

question 144

Multiple Choice

A responsibility accounting system:

• A)Is designed to measure the performance of managers in terms of controllable costs.
• B)Assigns responsibility for costs to the appropriate managerial level that controls those costs.
• C)Should not hold a manager responsible for costs over which the manager has no influence.
• D)Can be applied at any level of an organization.
• E)All of the choices are correct.

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