The basic idea underlying responsibility accounting is that each manager should be held responsible for the overall profit of the company to ensure that all managers are acting together.

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The basic idea underlying responsibility accounting is that each manager should be held responsible for specific areas of the company's operations that they have control over, and their performance should be evaluated based on the results of those areas. This allows for greater accountability and enables managers to focus on their specific responsibilities to achieve overall company goals. The overall profit of the company is a collective responsibility of all managers, but individual responsibilities are more specific than that.

The Basic Idea Underlying Responsibility Accounting Is That Each Manager