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In a responsibility accounting system: Managers are responsible for their departments' controllable costs. Each accounting report contains all items allocated to a responsibility center. Organized
In a responsibility accounting system:
Managers are responsible for their departments' controllable costs.
Each accounting report contains all items allocated to a responsibility center.
Organized and clear lines of authority and responsibility are only incidental.
All managers at a given level have equal authority and responsibility.
Outputs of the departments are not part of the evaluation process.
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