"Responsibility Accounting" Is the Concept That Says

question 125

Multiple Choice

"Responsibility accounting" is the concept that says:

• A) managers should be held entirely responsible for all investment decisions that impact the particular segment in which they are in charge.
• B) managers should be held responsible for only those things under their control.
• C) managers should never be held entirely responsible for things that happen within the particular segment in which they are in charge.
• D) managers should be responsible for both revenues and costs of their particular segment.

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Definitions:

Twisted Mainshaft

A mainshaft in a gearbox or transmission that has been deformed or bent, affecting its ability to rotate smoothly.

Gear Ratio

The ratio of the rotational speeds of the first and last gears in a transmission, reflecting the difference between the input and output gears.

Shock Load

A sudden and extreme force or load applied to a structural component or system, often exceeding the designed stress limits.

Mineral-Based

Refers to substances or products derived from minerals, often used in context with lubricants, coolants, or other industrial fluids.