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Which of the following is not true regarding a responsibility accounting system? A. It can be applied at any level of an organization. B. It

Which of the following is not true regarding a responsibility accounting system? A. It can be applied at any level of an organization. B. It assigns responsibility for costs to the appropriate managerial level that controls those costs. C. It should not hold a manager responsible for costs over which the manager has no influence. D. It is designed to measure the performance of managers in terms of controllable costs. E. It is only relevant in manufacturing companies.

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