Question: Responsibility accounting is defined as a system that a. measures the results of a manager responsible for revenues and costs. b. measures actual results

Responsibility accounting is defined as a system that a. measures the results

Responsibility accounting is defined as a system that a. measures the results of a manager responsible for revenues and costs. b. measures actual results against a flexible budget. c. measures the results of each responsibility center and compares those results with some measure of expected or budgeted outcome. d. measures responsibility by function only.

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