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Select the incorrect statement concerning responsibility reports. Multiple Choice The reports should be stated in simple terms. O The reports should show clearly the budgeted

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Select the incorrect statement concerning responsibility reports. Multiple Choice The reports should be stated in simple terms. O The reports should show clearly the budgeted and actual amounts of controllable revenues and expenses. O At the corporate level , responsibility repons generally include year-to-date contribution format income statements. The reports become more specific for higher levels within the organization

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