Which of the Following Prescribes Who Can Do What and When

question 30

Multiple Choice

Which of the following prescribes who can do what and when to each kind of data?

• A) ranges
• B) integrity rules
• C) edit rules
• D) usage rights

---

Definitions:

Actual Cost

The actual expense incurred to acquire an asset or service, including all costs necessary to bring the asset into use or to complete the service.

Responsibility Accounting

A system of accounting that segments financial information by areas of responsibility within an organization, aiding in budgeting and performance evaluation.

Responsibility Reports

Reports designed to evaluate the financial performance of different segments of an organization, focusing on areas under a manager's control.

Direct Fixed Costs

Expenses that remain relatively constant regardless of the level of production or sales volume and are directly tied to the product or service.