A responsibility accounting system should include all revenues and costs of a division.
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Q6: When management by exception is employed,favorable variances
Q7: Decentralization can result in a lack of
Q8: A responsibility accounting system should include the
Q9: A profit center is typically an independent
Q10: Decentralization increases the time required for decision-making.
Q12: Decentralization is a transfer of authority from
Q13: Responsibility reports reflect the flow of information
Q14: Decentralization means that a unit manager has
Q15: Decentralization can lead to greater job enrichment
Q16: An administrative department provides services that benefit
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