Which of the following focuses on responsibility centres for a specific period,not on projects or individual items of equipment over their useful lives?
A)Performance evaluation
B)Relevant costing
C)Quantitative analysis
D)Qualitative analysis

Question

Quizplus · Accepted Answer

Performance evaluation focuses on assessing how well responsibility centres (such as departments or teams) have met their objectives and targets during a specific period. It does not necessarily involve analyzing projects or individual pieces of equipment over their useful lives. Relevant costing, quantitative analysis, and qualitative analysis are all methods or techniques used in management accounting and decision making, but they do not specifically relate to responsibility centers over a period.

Which of the Following Focuses on Responsibility Centres for a Specific