Question: What is the managers role in a responsibility center?

What is the manager’s role in a responsibility center?


Step by Step Solution

★★★★★

3.26 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Managers are given authority and ... 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 (1 attachment)

Word file Icon

46-B-M-A-C-B-D (166).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

What role does responsibility play in total quality?

Q:

What is the Manager Roles and Responsibilities in the Work Environment?

Q:

A National distribution center (DC) has responsibility for supplying products to dealers located within a 30-mile radius of its location. Lately, the DC has been receiving a lot of complaints from...

Q:

What is the manager's role in a responsibility center? LO3

Q:

=+2. What is the managers role in a responsibility center?

Q:

As the senior accountant at Active Quality Sportswear (AQS), which manufactures sport attire for men, women, youth, and children, your role with the budget process continues. You are very pleased...

Q:

As the senior accountant at Active Quality Sportswear (AQS), which manufactures sport attire for men, women, youth, and children, your role with the budget process continues. You are very pleased...

Q:

L.O.2: Distinguish between the uses and users of cost accounting and financial accounting information. Characteristics Financial Accounting Cost Accounting Reports Users Follows GAAP or IFRS? L.O.3:...

Q:

Identify at least three roles that budgeting plays in helping managers control and monitor a business. Provide an example for each role. And what is the role of a responsibility center in...

Q:

What is the role of a responsibility center in budgeting/as a control?

Q:

Consider separate 1.00-L samples of Ar(g), both containing the same number of moles, one at 27 o C and the other at 77 o C. Compare the change in momentum per impact and the number of impacts per...

Q:

Gary, an Australian mechanical engineer, has a passion for cars, including restoring and creating them. His automotive passion stems from the mechanical abilities of his forebears, as both his father...

Q:

a bond's total rate of return equals yield to maturity. its current yield plus the rate of capital gain or loss sum of the current yield sum of the current yield and the expected rate of inflation.

Q:

Net sales revenue, net income, and common stockholders equity for Azbel Mission Corporation, a manufacturer of contact lenses, follow for a four-year period. Requirements 1. Compute trend analyses...

Q:

The McConnell Department Stores, Inc., chief executive officer (CEO) has asked you to compare the company's profit performance and financial position with the average for the industry. The CEO has...

Q:

Juan Gomez was the fastest rising star of a small CPA firm in West Palm Beach. Most of his clients traveled in stratospheric circles of wealth, and Juan knew that fitting in with this crowd was...

Q:

Rosss Ripstick Companys long-term debt agreements make certain demands on the business. For example, Ross may not purchase treasury stock in excess of the balance of retained earnings. Also,...

Q:

One Hour Laundry Services purchased a new steam press machine on January 1, for $45,000. It is expected to have a five-year useful life and a $5,000 salvage value . One Hour expects to use the...

Q:

Ideally, data integration should include a. Only data. b. Only processes. c. Both processes and data.

Q:

Indicate whether each of the following activities would be reported on the statement of cash flows as (a) An operating activity (b) An investing activity or (c) A financing activity: 1. Cash received...

Q:

Indicate whether each of the following activities would be reported on the statement of cash flows as (a) An operating activity (b) An investing activity or (c) A financing activity: 1. Cash received...

Q:

A summary of cash flows for Absolute Consulting Group for the year ended July 31, 2012, is shown below. Cash receipts: Cash received from customers$187,500 Cash received from issuing additional...

Q:

We are evaluating a project that costs $724,000, has an eight-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected...

Q:

show all steps show excel amortization table also You plan to purchase a house for $600,000 using a 30-year mortgage obtained from your local bank. You will make a down payment of 20 percent of the...

Q:

9%. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet be entered as 10.55....