Which of These Statements Is Not True? a Responsibility Accounting

question 17

Multiple Choice

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

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

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