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