All of the following are characteristics that are required for effective responsibility accounting except:
A) motivation.
B) accountability.
C) centralization.
D) none of these.

Question

Quizplus · Accepted Answer

The practice of delegating authority and responsibility is referred to as decentralization (rather than centralization).Clear lines of authority and responsibility are essential in establishing a responsibility accounting system.In a responsibility accounting system,segment managers are held accountable for profits based on the amount of control they have over the profits in their segment.A primary reason for a responsibility accounting system is to evaluate managerial performance.

All of the Following Are Characteristics That Are Required for Effective