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  3. Study Set
    Cost Accounting
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    Exam 6: Master Budget and Responsibility Accounting
  5. Question
    A Responsibility Center Is a Part, Segment, or Subunit of an Organization
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A Responsibility Center Is a Part, Segment, or Subunit of an Organization

Question 147

Question 147

True/False

A responsibility center is a part, segment, or subunit of an organization, whose manager is accountable for a specified set of activities that impact revenues, costs, or profits and in the case of an investment center, profits.

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