Responsibility accounting includes: $\begin{array}{llcc}
\text { I } & \text { Monitoring primarily for mistakes} \
\text { II } & \text { Assigring authority to divisional maragers } \
\text { III } & \text { Mearuring the performance of divisional managers } \
\end{array}$

A) I and III only
B) II and III only
C) I and II only
D) I, II, and III

Question

Responsibility accounting includes: $\begin{array}{llcc}
 \text { I } &    \text { Monitoring primarily for mistakes} \
 \text { II } & \text { Assigring authority to divisional maragers } \
 \text { III } & \text { Mearuring the performance of divisional managers } \
\end{array}$

A) I and III only
B) II and III only
C) I and II only
D) I, II, and III

Quizplus · Accepted Answer

Responsibility accounting involves assigning authority to divisional managers (II) and measuring their performance (III). It is not primarily focused on monitoring for mistakes (I), but rather on evaluating and improving performance.

Responsibility Accounting Includes A) I and III Only B) II and III Only

Responsibility Accounting Includes A) I and III Only
B) II and III Only