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In a responsibility accounting system A Organized and clear lines of authority and responsibility are only incidental. B All managers at a given level have
In a responsibility accounting system A Organized and clear lines of authority and responsibility are only incidental. B All managers at a given level have equal authority and responsibility. C Each accounting report contains all items allocated to a responsibility center. D Control over costs belongs only to the top level of management. E Controllable costs are assigned to managers who are responsible for them
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