A Responsibility Accounting System Ensures That

question 94

Multiple Choice

A responsibility accounting system ensures that

• A)generally accepted accounting principles reporting requirements are met.
• B)managers will not be held responsible for items they cannot change.
• C)99 percent of businesses utilizing such a system will be profitable.
• D)easy correlations between revenues and costs can be drawn.

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Definitions:

Marathon Runner

An athlete who competes in long-distance endurance events, typically races of 26.2 miles or 42.195 kilometers.

Lean Male

A term referring to a male with a low percentage of body fat and a higher proportion of muscle mass.

Extracellular Cation

Positively charged ions found outside cells, playing critical roles in fluid balance, muscle contraction, and neural activity.

Extracellular Anion

A negatively charged ion located outside the cell in the extracellular fluid, which helps maintain the cell's electrochemical gradient and osmotic pressure.