Responsibility accounting systems strive to:
A) place blame on guilty individuals.
B) provide information to managers.
C) hold managers accountable for both controllable and noncontrollable costs.
D) identify unfavorable variances.
E) provide information so that managers can make decisions that are in the best interest of their individual centers rather than in the best interests of the firm as a whole.

Question

Quizplus · Accepted Answer

Responsibility accounting systems are designed to provide relevant information to managers to help them make informed decisions and manage their areas of responsibility effectively.

Responsibility Accounting Systems Strive To