Responsibility accounting performance reports compare budgets with actual results for each responsibility centre.

Name: Responsibility accounting performance reports compare budgets with actual results for each responsibility centre.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Responsibility accounting performance reports are used to compare budgets with actual results for each responsibility centre. This allows managers to identify areas of concern and take corrective action if necessary.

Responsibility Accounting Performance Reports Compare Budgets with Actual Results for Each