Which of the Following Is the Order of the Elements

question 68

Multiple Choice

Which of the following is the order of the elements of responsibility accounting?

• A)establish performance measures,define responsibility,measure performance,and reward based on performance.
• B)define responsibility,establish performance measures,measure performance,and reward based on performance.
• C)define responsibility,measure performance,establish performance measures,and reward based on performance
• D)define responsibility,establish performance measures,measure performance,and reward based on performance

---

Definitions:

Output Effect

The impact that changes in output have on economic activity, such as variations in production levels affecting GDP.

Resource

An economic or productive factor required to accomplish an activity or to provide a service, such as labor, land, capital, and raw materials.

Wage Rate

The amount of compensation a worker receives per unit of time or per task performed.

Employed

A status referring to individuals who are currently working for pay or profit, including those temporarily absent from their jobs.