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In responsibility accounting, there is a level of responsibility from less to more. This pattern is illustrated in the following sequence of managerial responsibilities: A-Profit
In responsibility accounting, there is a level of responsibility from less to more. This pattern is illustrated in the following sequence of managerial responsibilities: A-Profit center; investment center; cost center. B-Cost center; investment center; profit center. C-Profit center; cost center; investment center. D-Cost center; profit center; investment center. E-Investment center; cost center; profit center.
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