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:

HR Objectives

The strategic goals set by a company's Human Resources department to enhance workforce performance, ensure compliance, and promote employee engagement.

Planning Process

A systematic approach to setting goals, developing strategies, and outlining tasks and schedules to accomplish the goals set by an organization.

Job Sharing

An employment arrangement where two or more individuals share the responsibilities and duties of a single full-time job.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.