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Answer these following questions: 8. A cost over which a manager has control is called a indirect cost A. B. Controllable cost. Discretionary cost All

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Answer these following questions: 8. A cost over which a manager has control is called a indirect cost A. B. Controllable cost. Discretionary cost All costs are controllable by top management because of the broad range of its authority. ABC A. B. 9. True False Fewer costs are controllable as one moves down to each lower level of managerial responsibility because of the manager's decreasing authority A. B. 10. True False costs incurred indirectly and allocated to a responsibility level are noncontrollable costs at that level. A B. 11. True False Senior managers investigate and understand every variance from budget that occurs A 12. True False B. 13. Performance evaluation under responsibility accounting should be based on certain reporting principles that include: Contain only data that are controllable by the manager of the responsibility center. A. Provide accurate and reliable budget data to measure performance. Highlight significant differences between actual results and budget goals. D. All of these A responsibility reporting system involves the preparation of a report for each level of responsibility in the company's organization chart. A. B. 14. True False

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