Question 1 a) Responsibility centers are critical for businesses as they help gather information concerning cost, revenue, profit and investment. Investment center is critical for effective management of a business. Discuss b) Responsibility centers are critical for businesses as they help gather information concerning cost, revenue, profit and investment. Managers of these centers are to have their performance measured. Discuss using practical example how you will measure the performance of investment center manager d) Financial Accountants and Management Accountants produce information that is needed by various users in their decision making. Discuss the information needs of users of Financial accounting and Management Accounting and indicate why the information are needed