Which term below best fits "a part, segment, or subunit of a company whose manager is accountable for specified activities"?
A)Operating budget
B)Master budget
C)Sensitivity analysis
D)Responsibility center

Question

Quizplus · Accepted Answer

A responsibility center is a part, segment, or subunit of a company whose manager is accountable for specified activities. Operating budget refers to a detailed plan for a company's expected revenue and expenses. Master budget includes all of the company's budgets compiled into a comprehensive plan. Sensitivity analysis refers to a technique used to determine how different values of an independent variable in a model will impact a certain dependent variable.

Which Term Below Best Fits "A Part, Segment, or Subunit