Multiple Choice
Responsibility accounting reports are used:
A) to determine which manager should be blamed if actual results do not comply with budgeted expectations.
B) to evaluate a department manager's effectiveness in generating revenues or controlling expenses.
C) to determine if the actual cost of the product is in line with costs of competitors.
D) only when actual results are below budgeted expectations.
Correct Answer:

Verified
Correct Answer:
Verified
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