Which of the following is the fundamental purpose of responsibility accounting?
A) to penalize managers for inefficiency
B) to gather information that will enable future improvement
C) to create an efficient and centralized organization
D) to evaluate the performance of managers

Question

Quizplus · Accepted Answer

Responsibility accounting is designed to gather information that helps in identifying areas for improvement and enhancing future performance.

Which of the Following Is the Fundamental Purpose of Responsibility