Responsibility Accounting Is Defined as a System That

question 29

Multiple Choice

Responsibility accounting is defined as a system that

• A)defines responsibility by function only.
• B)measures actual results against a flexible budget.
• C)measures the results of a manager responsible for revenues and costs.
• D)measures the results of each responsibility center and compares those results with some measure of expected or budgeted outcome.

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Definitions:

Radius

The distance from the center to the boundary of a circle, sphere, or other rounded geometric figure.

Surface Area

The total area of the outer surface of a three-dimensional object.

First Statement

The initial line or command in a sequence of code that is executed in a program or script.