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Responsibility accounting is a process of breaking down the organization into manageable segments so that performance reports can be generated to track results that lead

Responsibility accounting is a process of breaking down the organization into manageable segments so that performance reports can be generated to track results that lead to decision-making. Reporting financial results at different levels of the organization assigns accountability and allows for monitoring and control of them. What types of reports that can be generated to help identify areas that are in need of improvement?

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