lu$........$

$1$ of $10$ Concepts completed

Multiple Choice Question

Which of the following statements is incorrect regarding responsibility accounting?

Responsibility accounting holds managers accountable for the revenues and expenses over which they have control.

Thesponsibilicy accounting refers to the process of evaluating top manapement on the decisions made by lower level managers.

Mesponsibity accounting inks lower$-$level manegers' decisions whth the outcomes of those decisions.

Need help? Review these concept resources.

Read About the Concept

Rate yor confidence to submit your answer. $$

$$

$$

$2025$ McGram Hil. Al Rights Reserved. Priverg. Center. Jerms of Use