In a Responsibility Accounting System,the Recording of Revenue and Costs

question 4

Multiple Choice

In a responsibility accounting system,the recording of revenue and costs begins with the:

• A)Most profitable segments of the business.
• B)Least profitable segments of the business.
• C)Broadest areas of management responsibility.
• D)Smallest areas of management responsibility.

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Definitions:

Volume

A section of a storage device that receives a drive letter and to which data can be written.

RPM

Revolutions Per Minute, a measurement of the frequency of rotation, specifying the number of turns completed in one minute around a fixed axis.

Data Transfers

The process of moving or copying data from one location to another, which can occur within or between computers or devices.

Stored

Refers to the act of keeping or placing data in a storage device for retrieval at a later time.