Select the Incorrect Statement Concerning Responsibility Reports

question 48

Multiple Choice

Select the incorrect statement concerning responsibility reports.

• A) The reports should be stated in simple terms.
• B) The reports should show clearly the budgeted and actual amounts of controllable revenues and expenses.
• C) At the corporate level, responsibility reports generally include year-to-date contribution format income statements.
• D) The reports become more specific for higher levels within the organization.

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Definitions:

Kingsley Davis

A prominent American sociologist known for his work on human society, demography, and the study of family structure and urban populations.

Greater Rewards

Greater rewards are more substantial or significant benefits or compensations offered or received as a result of achieving higher goals or performing exceptionally well.

Pleasant to Occupy

Describes a space or environment that is enjoyable and comfortable to be in.

Talcott Parsons

An American sociologist known for his development of a general theoretical system for the analysis of society called structural functionalism.