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:

Lightweight

Describes objects or materials designed to be of lower weight to improve efficiency, performance, or ease of handling.

Radial Lines

Lines that radiate from a center point or axis, often used in design, drafting, and the description of circular motion paths.

Grade Fastener

A classification system for fasteners such as bolts and screws, indicating their material, strength, and intended use based on specific standards.

Bolt

A type of fastener typically used to hold materials or objects together, characterized by a threaded shaft and a head.