Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Choose the term or terms that most appropriately complete the following statements. The terms can be used more than once. 1. A responsibility centre is

Choose the term or terms that most appropriately complete the following statements. The terms can be used more than once. 1. A responsibility centre is any part of an organization for which a manager is 2. A profit centre is a business segment where the manager has control over 3. An investment centre manager is held responsible for the 4. A 5. is often evaluated using budget variances. centre managers are responsible for initiating investment proposals. for performance. and of the segment. accountable cost cost centre flexible

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Statements Self Study Guide

Authors: Azhar Ul Haque Sario

1st Edition

979-8223894605

More Books

Students also viewed these Accounting questions