Question: Define the term responsibility center. What is the relationship between accountability, responsibility, and authority with respect to responsibility centers? Have you encountered the use of

Define the term "responsibility center." What is the relationship between accountability, responsibility, and authority with respect to responsibility centers? Have you encountered the use of responsibility centers at your organization? If so, do you think it had a positive impact on the department's performance? If not, then what would think how it would have a positive impact on the department's performance?

Step by Step Solution

3.43 Rating (153 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

A responsibility center is a distinct unit within an organization that is assigned specific responsibilities and is held accountable for achieving cer... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (2 attachments)

PDF file Icon

663dc00fc18d3_962684.pdf

180 KBs PDF File

Word file Icon

663dc00fc18d3_962684.docx

120 KBs Word File

Students Have Also Explored These Related Finance Questions!