A responsibility center is the fundamental unit of analysis for a budget control system.

Name: A responsibility center is the fundamental unit of analysis for a budget control system.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A responsibility center is a budgetary unit responsible for its own revenues, costs, and results. It serves as the primary focus in budgeting, cost control, and performance evaluation. Therefore, it is the fundamental unit of analysis for a budget control system.

A Responsibility Center Is the Fundamental Unit of Analysis for a Budget