Responsibility Accounting.

1. What could be some of the pitfalls of responsibility accounting (based on your experience?

your own analysis?

or both)?

2. Describe two or three things that could be implemented to help a Responsibility Accounting System work?

3. Can a company's budget "help or break" a manager?

How?

4. Which type of budget will you be most comfortable working with as a manager?

Explain?