Responsibility accounting is a system for evaluating the performance of each responsibility center and its manager.

Name: Responsibility accounting is a system for evaluating the performance of each responsibility center and its manager.
Brand: Quizplus
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Quizplus · Accepted Answer

Responsibility accounting assigns specific areas of responsibility to individual managers and evaluates their performance based on the results achieved in those areas. This enables better control over costs and better decision-making.

Responsibility Accounting Is a System for Evaluating the Performance of Each