Which Statement Is Not True? Responsibility Accounting

question 67

Multiple Choice

Which statement is not true? Responsibility accounting

• A)involves both a top-down and bottom-up flow of information
• B)acknowledges that some economic events cannot be traced to any manager
• C)creates a budget
• D)compares actual performance with budget

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Definitions:

Product Feature

A characteristic or function of a product that is intended to provide benefits and possibly differentiate it from competing products.

Bureau

An administrative unit or a specialized agency, typically within a government or organization, responsible for a specific area of operation or a type of activity.

Finishes

The final surface application or detailing of a product, important for aesthetics and functionality.