A Responsibility Accounting System

question 83

Multiple Choice

A responsibility accounting system:

• A) Is designed to measure the performance of managers in terms of controllable costs.
• B) Assigns responsibility for costs to the appropriate managerial level that controls those costs.
• C) Should not hold a manager responsible for costs over which the manager has no influence.
• D) Can be applied at any level of an organization.
• E) All of these.

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Definitions:

Trees

Perennial plants with an elongated stem, or trunk, supporting branches and leaves, playing a vital role in producing oxygen and providing habitats.

Taiga

Terrestrial biome that is a coniferous forest extending in a broad belt across northern Eurasia and North America.

Taiga

A biome characterized by coniferous forests, located in cold climates with short summers and long winters, primarily found in the northern hemisphere.

Coniferous Forest

Forested area generally found in areas with temperate climate and characterized by cone-bearing trees that are mostly evergreens with needle-shaped or scalelike leaves.