Solved

Which Statement Concerning Responsibility Accounting Is Untrue

Question 53

Multiple Choice

Which statement concerning responsibility accounting is untrue?


A) For successful budgeting responsibility must be clearly defined.
B) A manager is held responsible for the activities of his/her department.
C) The choice of responsibility centres in an organisation depends on its characteristics.
D) Responsibility centres are usually determined by differences in the product the firm produces.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions