Multiple Choice
In a responsibility accounting system:
A) Outputs of the departments are not part of the evaluation process.
B) All managers at a given level have equal authority and responsibility.
C) Each accounting report contains all items allocated to a responsibility center.
D) Managers are responsible for their departments' controllable costs.
E) Organized and clear lines of authority and responsibility are only incidental.
Correct Answer:
Verified
Correct Answer:
Verified
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