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Responsibility accounting is defined as a system that a. measures the results of a manager responsible for revenues and costs. b. measures actual results
Responsibility accounting is defined as a system that a. measures the results of a manager responsible for revenues and costs. b. measures actual results against a flexible budget. c. measures the results of each responsibility center and compares those results with some measure of expected or budgeted outcome. d. measures responsibility by function only.
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
