Solved

Which of the Following Statements About Responsibility Accounting Is True

Question 5

Multiple Choice

Which of the following statements about responsibility accounting is true?


A) Managers should be held responsible for all price variances that occur within their department.
B) Managers should be held responsible for all revenues and costs that occur within their department.
C) Managers should be responsible for all investment decisions that occur within their department.
D) Managers should be held responsible for only those things under their control.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents