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Which of the Following Statements Is Not True? a Responsibility

Question 39

Multiple Choice

Which of the following statements is not true? A responsibility accounting system:


A) recognises that expenses are the collective responsibility of the organisation.
B) holds managers responsible for costs and income over which they have control.
C) measures separately the performance of each manager's area of responsible.
D) requires managers to participate in the development of financial plans for their unit.

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