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:

Verified
Correct Answer:
Verified
Q48: Which of the following statements relating to
Q49: If budgeted sales revenue is $250 000
Q50: Which of the following is a typical
Q51: Which of these factors need not be
Q52: The budget that sets out the proposed
Q54: If the cost object is the product,
Q55: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3115/.jpg" alt=" A) $150 B)
Q56: Large favourable variances between actual and planned
Q57: Which of these is not a financial
Q58: The direct labour budget is developed from