Which of the Following Is Not an Example of Something

question 103

Multiple Choice

Which of the following is not an example of something monitored by a responsibility accounting system?

• A)Budgets.
• B)Quotas.
• C)Vendor analysis.
• D)Quality standards

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Definitions:

Goal Congruence

Occurs when the objectives of different stakeholders or departments within an organization align and support each other.

Participative Budgeting

A budgeting process where those who are impacted by a budget are involved in the development of the budget, promoting engagement and accountability.

Budgetary Achievement

The extent to which the budgeted targets or goals have been met or achieved during a specific period.

Direct Material

Raw materials that are directly incorporated into the final product in the manufacturing process.