In responsibility accounting,

Multiple Choice

• All of the above statements regarding responsibility accounting are true.

• decentralized organizations use responsibility accounting to link lower-level managers decision-making authority to the goals and objectives of the organization.

• an investment center is a segment with control over investment funds but not costs or revenues.

• all segments have control over costs and revenues

Corporate social responsibility

Multiple Choice

• includes voluntary actions that satisfy expectations of stakeholder groups.

• is a concept whereby organizations monitor the needs of their corporate stakeholders on social media.

• All of the above statements regarding corporate social responsibility are true.

• is consistent with the Balanced Scorecard approach to performance measurement.

Which of the following statements regarding enterprise risk management is false?

Multiple Choice

• When making the outsourcing decision, a company will consider whether deliveries will be reliable.

• Enterprise risk management is primarily used by companies that have adopted the Balanced Scorecard approach to performance measurement.

• When deciding whether to drop a product line, the consideration of whether competitors will capitalize on segment disposal to the companys detriment is an example of Enterprise Risk Management.

• Enterprise risk management is a process used by a company to identify potential risks and develop responses to them that enable goal achievement.