For each of the following, select its best description. A. Provides information used to evaluate the...
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For each of the following, select its best description. A. Provides information used to evaluate the performance of a department. B. Performs an organization's main functions, like manufacturing and selling. C. Incurs costs and also generates revenues. D. Holds manager responsible for revenues, costs and major investing decisions. E. Lists actual costs a manager is responsible for and their budgeted amounts. F. Costs not within a manager's control or influence. 1. Profit center 2 Investment center 3. Responsibility accounting performance report 4. Responsibility accounting system 5. Uncontrollable costs 6. Operating department For each of the following, select its best description. A. Provides information used to evaluate the performance of a department. B. Performs an organization's main functions, like manufacturing and selling. C. Incurs costs and also generates revenues. D. Holds manager responsible for revenues, costs and major investing decisions. E. Lists actual costs a manager is responsible for and their budgeted amounts. F. Costs not within a manager's control or influence. 1. Profit center 2 Investment center 3. Responsibility accounting performance report 4. Responsibility accounting system 5. Uncontrollable costs 6. Operating department
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