Which of the Following Is True of Responsibility Accounting

question 21

Multiple Choice

Which of the following is true of responsibility accounting?

• A) It suggests that foreign subsidiaries should be held responsible for profitability of the parent companies.
• B) Responsibility accounting suggests that local manager should be held responsible for the translation adjustment.
• C) It suggests that costs, revenues, assets, and liabilities should be traced to the individual manager who is responsible for them.
• D) It suggests that managers should be held accountable for items that are both controllable and uncontrollable.

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Definitions:

House Work

The management of household tasks such as cleaning, cooking, home maintenance, shopping, and bill pay.

Physical Attractiveness

The degree to which a person's physical traits are considered aesthetically pleasing or beautiful, often influencing social perception and interpersonal relationships.

Social Status

The position or rank of a person or group within the social hierarchy, influenced by factors such as occupation, wealth, and education.

Attractive People

Individuals considered physically appealing by others, often influenced by societal standards and personal preferences.