A ________ refers to the set of activities assigned to a manager or a group of managers or other employees.
A) internal control system
B) management control system
C) responsibility center
D) quality control report

Question

Quizplus · Accepted Answer

A responsibility center is a term used in managerial accounting which refers to a segment of a business organization for which a manager is responsible. It encompasses everything from decision-making to allocation of resources to the measurement of success. The activities assigned to a manager or a group of managers or other employees are part of a responsibility center. Internal control system, management control system, and quality control report are related to the control environment of a business organization and do not necessarily refer to a set of activities assigned to a manager or a group of managers or other employees.

A ________ Refers to the Set of Activities Assigned to a Manager