Question: Blueprint Problem: Responsibility Accounting and Performance Evaluation Question Content Area Responsibility Accounting Responsibility accounting is a system that measures the results of each responsibility center
Blueprint Problem: Responsibility Accounting and Performance Evaluation Question Content Area Responsibility Accounting Responsibility accounting is a system that measures the results of each responsibility center and compares them with some expected outcome. In a decentralized setting, lower-level managers make and implement decisions. In a centralized setting, lower-level managers are responsible only for implementing decisions. From the dropdown below, select all types of responsibility centers: Cost center, Revenue center, Investment center, and Profit center Top management chooses to decentralize for a number of reasons, including: Local managers can make better decisions using local information. Local managers can provide more timely response
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