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Successful operation of a responsibility accounting system requires all of the following except : Multiple Choice Budgets prepared for each responsibility center. The preparation of
Successful operation of a responsibility accounting system requires all of the followingexcept:
Multiple Choice
- Budgets prepared for each responsibility center.
- The preparation of timely performance reports.
- The use of a bonus pool based on ROA (return on assets).
- An accounting system that measures the performance of each responsibility center.
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