Which of the Following Is the Fundamental Purpose of Responsibility

question 182

Multiple Choice

Which of the following is the fundamental purpose of responsibility accounting?

• A) to penalize managers for inefficiency
• B) to gather information that will enable future improvement
• C) to create an efficient and centralized organization
• D) to evaluate the performance of managers

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Definitions:

Apoenzyme

Protein portion of an enzyme; requires the presence of a specific coenzyme to become a complete functional enzyme.

Nonpolypeptide

A molecule or substance that does not consist of polypeptide chains, typically referring to chemicals or biological molecules outside the class of proteins.

Coenzyme

An organic cofactor for an enzyme; generally participates in the reaction by transferring some component, such as electrons or part of a substrate molecule.

Apoenzyme

The protein component of an enzyme, to which a coenzyme or cofactor must bind to form an active enzyme.