Which of the Following Statements Is Not True? a Responsibility

question 39

Multiple Choice

Which of the following statements is not true? A responsibility accounting system:

• A) recognises that expenses are the collective responsibility of the organisation.
• B) holds managers responsible for costs and income over which they have control.
• C) measures separately the performance of each manager's area of responsible.
• D) requires managers to participate in the development of financial plans for their unit.

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Definitions:

Prewritten Application

Software or programs that have been developed and are available for use without requiring customization.

Outsource

The practice of hiring third parties to perform tasks, handle operations or provide services that are either difficult to manage or outside the company's expertise.

Shadow IT

Technology implemented by end-users without receiving proper approvals from the organizational IT department.

BYOD

"Bring Your Own Device," a policy allowing employees to use their personal mobile devices for work purposes, including accessing company information and applications.